Versatile Flex Space in
105 Corporate Woods Cir Alabaster, AL
105 Corporate Woods Cir, Alabaster, AL, 00000
Contact for pricing
For Sale
Contact for pricing
Flex space with warehouse, convenient location, expansion opportunity.
Property Size7,800 SF
Lot Size1.04 Acres
Price / SF$102.56
Days on Market416
Property Features for 105 Corporate Woods Cir
General Information
- Standard status
- Active
- Size
- 7,800 SF
- Lot size
- 1.04 Acres
- Property subtype
- INDUSTRIAL
Listing Agency
Ironvest Partners
(205) 936-4041
Listed by
Bart Moore
Source
Moodyscre
Added: May 28, 2025 Checked: Jul 16 at 7:15 am
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 Ironvest Partners
Investment Insights
Based on property information with market context.
This property offers a versatile flex layout featuring 2,300 square feet of warehouse space with a 19-foot clear height and a roll-up door, facilitating easy loading and distribution. The M-1 zoning provides flexibility for a wide range of uses, adding long-term value in a thriving growth corridor. Situated in the established and in-demand Corporate Woods Industrial Park, the location is strategic. The property is located a short distance from I-65, approximately a four-minute drive (1.8 miles). An adjacent 1.23-acre lot is available separately for expansion or auxiliary use.
Key Highlights
- Flexible M‑1 Zoning: Allows for a wide range of uses.
- Strategic Location: Situated in the established Corporate Woods Industrial Park.
- Proximity to I‑65: Only a 4‑minute drive (1.8 miles).
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 | $51.2k | $6.56 |
| − Vacancy | −$4.7k | −$0.60 |
| EGI | $46.5k | $5.96 |
| − OpEx | −$7.0k | −$0.89 |
| NOI | $39.5k | $5.06 |
7,800 SF · lease $6.56/SF/yr · vacancy 9.20% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$564.2K
$493.6K – $658.2K
NOI $39,491 @ 7.0% cap · market cap 4.94%
Second Best
Flex RnD
$474.6K
$415.2K – $553.7K
NOI $33,219 @ 7.0% cap · market cap 4.15%
Theoretical Best
Office A
$1.83M
$1.60M – $2.14M
NOI $128,157 @ 7.0% cap · market cap 16.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
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- The Armstrong Company — 212 Total Solutions Way, Alabaster, AL 35007
- All My Sons Moving & Storage — 47 Longview Cir, Alabaster, AL 35007
FAQs
What type of property is this?
Warehouse - Flex space with warehouse, convenient location, expansion opportunity.
Where is this warehouse located?
The property is located at 105 Corporate Woods Cir Alabaster, AL.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Flexible M‑1 Zoning: Allows for a wide range of uses.; Strategic Location: Situated in the established Corporate Woods Industrial Park.; Proximity to I‑65: Only a 4‑minute drive (1.8 miles).
