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315 East Ridgeley Street
Atmore, AL 36502
Asking Price
$990K
Asset Type
Flex Industrial
Class
Class B
What's Special
27,000 SF Industrial Space <ul><li>37,000 SF total on 2 AC:</li><li>3,000 SF office - 3 offices, kitchen & commercial sink</li><li>24,000 SF warehouse</li><li>10,000 SF covered work/delivery space</li><li>Zoned General Business - Atmore</li><li>Ceiling height: 20-25’</li><li>3 loading docks & 3 drive-in doors</li><li>3 Phase Power - 480V</li><li>Negative well with room for 3 trucks</li><li>All utilities available to site</li><li>Fenced yard</li><li>6.5 miles south of I-65</li></ul>
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NOI
$80,000
Cap Rate
8.08%
DSCR
1.36
Strong
Cash-on-Cash
7.15%
Monthly Payment
$4,897.98
Annual Cash Flow
$21,224.242