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601 Tuscaloosa Ave 408,000 SF Vacant Industrial Building Gadsden, AL 35901 $19,990,000 ($49.00/SF) 8.33% Cap Rate

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INVESTMENT HIGHLIGHTS

  • • Borders Tennessee (North) & Georgia (East) • 5.5 hrs / 365 miles to Port of Savannah | 3.5 hrs / / 295 miles to Port of Mobile
  • • Strategic buyers already showing interest, including Thyssenkrupp and TAKKION
  • • Owner to provide flexible owner-financed purchase options, 30% down payment with remaining financed at 4.5% fixed annual interest, for 25 years
  • • The facility recently upgraded for using storage by big logistics company.
  • • Active tenant lease: Solar logistics company, $0.34/sf/month ($4.08/sf/year), Cap rate 8.33%
  • • Large-scale, fully upgraded warehouse available for immediate sale as-is • Previously used by Goodyear Tires Company, also selected by DHL

EXECUTIVE SUMMARY

INVESTMENT HIGHLIGHTS:
* * * * * 408,000 SF industrial warehouse in Gadsden, Alabama – undervalued Southern logistics hub with strong cash flow.
Projected $60K+ monthly positive income and 12% cash-on-cash return.
Stable U.S. Southern economy backed by Moody’s Analytics.
* * * * * 408,000 square foot industrial warehouse located in Gadsden, Alabama, offered at USD 19.99 million. Situated in a low-cost Southern logistics hub with excellent transportation access, this undervalued asset offers significant upside potential.
Under conservative leasing assumptions (USD 0.34 per SF/month), the property is projected to generate approximately USD 138,700 in monthly rental income. With 30% equity and 70% financing at 4.5% fixed over 25 years, the estimated monthly mortgage payment is USD 77,800, yielding about USD 60,900 in stable positive cash flow from year one, representing a cash-on-cash return of roughly 12%.
Recent U.S. economic analysis indicates that while parts of the economy are slowing, Southern states including Alabama and South Carolina remain growth areas. As Moody’s Analytics chief economist Mark Zandi noted, these regions offer relatively stable economic conditions, supporting long-term, risk-adjusted returns for industrial and logistics assets.
This warehouse presents a rare opportunity for investors seeking stable income, U.S. dollar asset exposure, and long-term appreciation.
* * * * *
• Prime Southeastern Location: Borders Tennessee (North) & Georgia (East)
• 5.5 hrs / 365 miles to Port of Savannah | 3.5 hrs / 295 miles to Port of Mobile
• The facility recently upgraded for using storage by big logistics company.
• The site is fenced, well-lit, and features a 24-hour automated access control system to ensure security.
• 408,000 SF warehouse, 31 high-level docks + 1 drive-in door
• 17-acre lot, capable of handling 70 large trucks
• Flexible layout: divisible into 4 sections (3 × 96,000 SF + 1 × 120,000 SF + ~8,000 SF office space)
• Total sale at $19,990,000. ( sale unit price $49. per square foot. )
• Active tenant lease: Solar logistics company, $0.34/sf/month ($4.08/sf/year), Cap rate 8.33%
• Strategic buyers already showing interest, including Thyssenkrupp and TAKKION
• Owner willing to provide flexible owner-financed purchase options, including up to 50% down payment with remaining financed at 4.5% fixed annual interest, for term up to 10-15 years
EXECUTIVE SUMMARY
• Large-scale, fully upgraded warehouse available for immediate sale as-is
• Previously used by Goodyear Tires Company, also selected by DHL
• Rare opportunity: warehouse of this size and quality is extremely limited in the region
• Strong lease-backed cash flow from active tenant
• Attractive for investors or companies seeking long-term logistics operations
• Owner financing available, making acquisition more accessible and flexible
? Why Investors Should Act Now
• Immediate rental income and strong Cap rate (8.33%)
• High-quality infrastructure with strategic location for distribution
• Limited availability: large, turnkey warehouse with active lease in Southeastern U.S.
• Interest from large companies (ThyssenKrupp, TAKKION) indicates strong market demand and a favorable geographical location.
• Potential for long-term appreciation or structured financing with favorable terms
* * * * *
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 who is a big Solar logistics 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.

FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

PROPERTY FACTS

Price $19,990,000
Price Per SF $49.00
Sale Type Investment or Owner User
Cap Rate 8.33%
Sale Condition Lease Option
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 17.00 AC
Rentable Building Area 408,000 SF
No. Stories 1
Year Built/Renovated 1952/2025
Parking Ratio 0.17/1,000 SF
Clear Ceiling Height 14’
No. Dock-High Doors/Loading 31
No. Drive In / Grade-Level Doors 1
Zoning Industrial - --- Commercial and Light Industrial. --- Logistics companies to storage. --- Much better for heavy items/heavy pallets storage without racks.

AMENITIES

  • Fenced Lot

UTILITIES

  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 408,000 SF
  • Industrial
  • Full Build-Out
  • Now

$0.34sf/month base rent + $0.05/sf/month triple net Prime warehouse space located in Gadsden, Alabama. 31 Loading Docks, independent traffic light stop. Suitable for logistic warehousing.

Space Size Space Use Condition Available
1st Floor 408,000 SF Industrial Full Build-Out Now

1st Floor

Size
408,000 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Now

1st Floor

Size 408,000 SF
Space Use Industrial
Condition Full Build-Out
Available Now

$0.34sf/month base rent + $0.05/sf/month triple net Prime warehouse space located in Gadsden, Alabama. 31 Loading Docks, independent traffic light stop. Suitable for logistic warehousing.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15-02-04-1-000-007.000
Land Assessment
$28,000
Improvements Assessment
$131,500
Total Assessment
$159,500
  • Listing ID: 30888872

  • Date on Market: 2/6/2024

  • Last Updated:

  • Address: 601 Tuscaloosa Ave, Gadsden, AL 35901

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