601 Tuscaloosa Ave
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
601 Tuscaloosa Ave
408,000 SF Vacant Industrial Building Gadsden, AL 35901 $28,425,781 CAD ($70 CAD/SF) 8.33% Cap Rate
Investment Highlights
- Excellent location, in the southeastern United States, bordering Tennessee to the North and Georgia to the East.
- Port of Savanna, about 5.5 hours drive 365miles., Port of Mobile, about 3.5 hours drive 295miles.
- This property was recently improved for truck parking, boat storage, and R/V Storage. It's fenced, lighted, and secured with24/7 automatic gate acce.
- 408000SF, 31 high-level docks, a Drive-in Door, 17 acres lot, which can accommodate the operation of 70 large trucks.
- Most suitable for commercial wholesale distribution center.
- Active Lease with tenant currently @ Rent $0.34/ SF/Monthly, Cape rate 8.33%. Selling with lease.
Executive Summary
A large warehouse for sale. The Entire warehouse has just been upgraded and renovated and sold as-is. The owner is willing to sell it at a very low price. The warehouse was once used by Goodyear Tires Company for a long time and was also selected by DHL. There is an active lease with tenant currently @ $4.08/sq ft/year ($0.34/sq ft/monthly). The building has 408,000 square foot, 4 sections with wall divisible including THREE (3) X 96,000 SF & ONE (1) 120,000 SF WITHIN +/- 8,000 S.F. OFFICE SPACE.
Property Facts
| Price | $28,425,781 CAD | Rentable Building Area | 408,000 SF |
| Price Per SF | $70 CAD | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1952 |
| Cap Rate | 8.33% | Parking Ratio | 0.17/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 14 ft |
| Property Subtype | Distribution | No. Dock-High Doors/Loading | 31 |
| Building Class | C | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 17.00 AC |
| Price | $28,425,781 CAD |
| Price Per SF | $70 CAD |
| Sale Type | Investment or Owner User |
| Cap Rate | 8.33% |
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | C |
| Lot Size | 17.00 AC |
| Rentable Building Area | 408,000 SF |
| No. Stories | 1 |
| Year Built | 1952 |
| Parking Ratio | 0.17/1,000 SF |
| Clear Ceiling Height | 14 ft |
| No. Dock-High Doors/Loading | 31 |
| No. Drive In / Grade-Level Doors | 1 |
Amenities
- Fenced Lot
Utilities
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
1 of 1
PROPERTY TAXES
| Parcel Number | 15-02-04-1-000-007.000 | Improvements Assessment | $186,050 CAD |
| Land Assessment | $39,615 CAD | Total Assessment | $225,665 CAD |
PROPERTY TAXES
Parcel Number
15-02-04-1-000-007.000
Land Assessment
$39,615 CAD
Improvements Assessment
$186,050 CAD
Total Assessment
$225,665 CAD
zoning
| Zoning Code | Industrial (Commercial and Light Industrial.) |
| Industrial (Commercial and Light Industrial.) |
1 of 27
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Siares Property
601 Tuscaloosa Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.