5,801 SF Flex
100 19th St N Irondale, AL 35210
100 19th St N, Irondale, AL, 35210
Contact for pricing
For Sale
Contact for pricing
Flex building for sale with 5,801 square feet of space.
Property Size5,801 SF
Price / SF$129.29
Days on Market969
Property Features for 100 19th St N
General Information
- Standard status
- Active
- Size
- 5,801 SF
- Property subtype
- Industrial, Mixed Use, Office, Retail
Building Details
- Year Built
- 1955
Listing Agency
Longleaf Realty Partners, LLC
(256) 203-9690
Listed by
Greg Wallace · License #AL 000235024-0
Source
Crexi
Added: Nov 21, 2023 Checked: Jul 15 at 10:52 pm
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Longleaf Realty Partners, LLC
Investment Insights
Based on property information with market context.
This is a 5,801 square foot flex building available for sale. The property is suitable for a variety of commercial real estate uses, including flex space, industrial purposes, warehousing, office units, and retail space.
Key Highlights
- 5,801 SF Flex Building
- For Sale
- Year Built: 1955
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $79.4k | $13.68 |
| − Vacancy | −$3.1k | −$0.53 |
| EGI | $76.3k | $13.15 |
| − OpEx | −$11.4k | −$1.97 |
| NOI | $64.8k | $11.17 |
5,801 SF · lease $13.68/SF/yr · vacancy 3.90% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$926.0K
$810.3K – $1.08M
NOI $64,823 @ 7.0% cap · market cap 8.64%
Second Best
Industrial
$762.6K
$667.3K – $889.7K
NOI $53,384 @ 7.0% cap · market cap 7.12%
Theoretical Best
Office A
$2.00M
$1.75M – $2.33M
NOI $139,696 @ 7.0% cap · market cap 18.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- Good To Go Catering — 7855 Crestwood Blvd, Irondale, AL 35210, United States
FAQs
What type of property is this?
Flex space - Flex building for sale with 5,801 square feet of space.
Where is this flex space located?
The property is located at 100 19th St N Irondale, AL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 5,801 SF Flex Building; For Sale; Year Built: 1955
