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662 Old Highway 24 30,000 SF Industrial Building Trinity, AL 35673 $1,094,080 CAD ($36.47 CAD/SF) 8.25% Cap Rate
Investment Highlights
- Currently generating $66,000 annually
- Multiple buildings for occupancy including warehouse, covered storage, & office
- Storm shelter included with residential home
- Current Tenant has expressed interest in expanding & renewing lease
- Includes built in ground pool and pond
- Full kitchen on site
Property Facts
Amenities
- Fenced Lot
- Waterfront
- Yard
- Storage Space
- Air Conditioning
Utilities
- Water - City
About 662 OLD HIGHWAY 24 , TRINITY, AL 35673
Versatile Flex Opportunity | ±7 Acres in Trinity/Decatur, AL Discover a rare multi-use property offering endless potential for developers, investors, or owner-users. Situated on approximately 7 acres just minutes from Decatur, AL, this unique site blends residential comfort with functional industrial infrastructure—all in a highly accessible location off Old Highway 24. PROPERTY HIGHLIGHTS: ±10,000 SF single-family home with pool and pond – perfect for on-site management, executive offices, live/work, or future redevelopment 12,000 SF warehouse currently leased month-to-month – immediate income potential 8,000 SF warehouse – vacant and ready for occupancy or customization Multiple open-air covered storage bays Expansive laydown yard space – ideal for equipment, fleet parking, or materials storage STRATEGIC FLEXIBILITY: Developer Play – Clear the site and start fresh on this generous 7-acre canvas Owner-User Play – Use the residence as an office or dwelling and occupy the industrial space Investor Play – Keep the existing tenant, lease the vacant warehouse, and add value through site improvements or additional warehouse development $66,000 NOI 67% occupancy
Property Taxes
| Parcel Number | 02-05-21-0-000-004.000 | Improvements Assessment | $91,361 CAD |
| Land Assessment | $9,094 CAD | Total Assessment | $100,456 CAD |
Property Taxes
Presented by
662 Old Highway 24
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