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Property profile & analytics
FOR LEASE
Retail properties & Spaces

6594 Old Railroad Bed Rd Toney, AL 35773

9,600 SF 20 ac lot Built 2011
Individually Owned 5-yr Hold ~ Est. High Equity
Property ID
US03-2160889
Property summary
AI-generated overview

This exceptional industrial property, located at 6594 Old Railroad Bed Road in Toney, Alabama, offers a substantial 17,600 square feet of space across three separate buildings situated on a 3-acre lot. The main building boasts a generous 13,600 square feet, comprised of 9,600 square feet on the ground level and an additional 4,000 square feet upstairs. This building's dimensions are 80 feet by 120 feet (ground level) and 80 feet by 50 feet (upper level). Conveniently included within this main structure are dedicated office spaces, restrooms, and a kitchen/break room area. A second building, measuring 40 feet by 60 feet (2,400 square feet), is currently equipped with car lifts and machinery, offering immediate utility for automotive or similar operations. Finally, a third building, 40 feet by 40 feet (1,600 square feet), houses an auto paint booth and associated painting equipment, providing a complete solution for vehicle finishing. The property's expansive size and versatile building configuration present a unique opportunity for a variety of industrial uses. The asking price for this significant industrial property is $15,000. This represents a compelling investment opportunity in a desirable location. Contact us today to schedule a viewing.

Property profile
Verified
Property type Retail properties & Spaces
Use group SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built 2011
Total area 9,600 SF
Lot 20 ac (871,200 SF)
APN 05-08-28-0-000-033.001
UPID US03-2160889
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Nuvintage Corvettes LLC Auto Repair Shop
  • Megan Shumate Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.48M
Blend (final) Blend
$1.47M
Owner & transaction history
James Durham II · 5 yrs held
James Durham II
since 2021
3 recorded transactions
2021
Price N/A
2019
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $2.0M +112.2%
Commercial (general) $1.6M +73.0%
Office building $1.6M +69.8%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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