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Birmingham Warehouse/Distribution Investment Opportunity

108 Walter Davis Dr, Birmingham, AL 35209

For Sale
Contact for pricing

Prime industrial location near transportation and Birmingham attractions.

Property Size47,100 SF
Price / SF$48.83
Days on Market1175

Property Features for 108 Walter Davis Dr

General Information

Standard status Active
Size 47,100 SF
Class B
Property subtype Industrial
Zoning I-3: Light Industrial
Occupancy 100%
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $132,490

Site & Location

Neighborhood Glen Iris

Building Details

Year Built 1979
Year Renovated 2000
Buildings 3
Stories 1
Units 1
Tenancy Single
Listing Agency: Moore Company Realty
Listed By: Gene Cody, CCIM, SIOR · License #000084543
Source: Crexi
Added: Aug 23, 2023 Changed: Nov 8 Last Checked: Sep 10 at 6:07AM

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 Moore Company Realty

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Investment Insights

Based on property information with market context.

This property presents an opportunity for industrial, warehouse, and distribution investors within the Birmingham market. Located in Homewood, Alabama, the property benefits from its proximity to major transportation routes and the Birmingham-Shuttlesworth International Airport. The surrounding area offers access to attractions such as the Birmingham Zoo, Vulcan Park and Museum, and the Birmingham Botanical Gardens. The location also provides convenient access to diverse dining and retail options in the downtown area. The property's strategic positioning and access to amenities create a foundation for industrial and commercial endeavors. The property size is 47100 square feet.

Key Highlights

  • Prime location in Homewood, AL, within the Birmingham market.
  • Ideal for Industrial/Warehouse/Distribution investors.
  • Convenient access to major transportation routes.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Distribution centers

Suggested Use

Top Pick Dental Office Parking Lot & Garage Garden Center Kitchen & Bath Showroom Building Supply Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

609
Businesses Nearby
Well-served
Demand for This Use

Demographics for 35209, AL

27,827
Population
15,141
Households
1.8
Avg Household Size
34
Median Age
54%
College-Educated
93%
High-School Grad
9.6 sq mi
ZIP Area
2,899
Density / Sq Mi
$72,383
Median Household Income
$45,513
Median Earnings
$1,246
Median Rent
$465,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Warehouses in Birmingham, AL

$171 Jul
$148 Aug
$138 Sep
$163 Oct

Properties on Market for Warehouses in Birmingham

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in Birmingham, AL

6.5% 2019
5.1% 2020
4.7% 2021
7.3% 2022
13.5% 2023
9.2% 2024
5.6% 2025

Similar Off Market Nearby

  • Public Storage — 209 Oxmoor Blvd, Birmingham, AL 35209
  • iStorage — 50 Ward Way, Birmingham, AL 35209
  • Coleman Worldwide Moving — 2120 Montevallo Rd SW, Birmingham, AL 35211
  • Record Nations — 260 W Valley Ave, Birmingham, AL 35209
  • Access Information Protected — 88 Green Springs Hwy, Homewood, AL 35209

Frequently Asked Questions

What type of property is this?
Warehouse - Prime industrial location near transportation and Birmingham attractions.
Where is this warehouse located?
The property is located at 108 Walter Davis Dr Birmingham, AL.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Prime location in Homewood, AL, within the Birmingham market.; Ideal for Industrial/Warehouse/Distribution investors.; Convenient access to major transportation routes.
(334) 262-1958 · Office Call to check price and availability
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