Office/Warehouse Flex Space
For Sale
Contact for pricing
4285 3rd Ave S, Birmingham, AL
7,400 SF office/warehouse with flex and warehouse space.
Property Size7,400 SF
Lot Size0.32 Acres
Price / SF$104.73
Days on Market540
Property Features for 4285 3rd Ave S
General Information
Standard status
Active
Size
7,400 SF
Lot size
0.32 Acres
Property subtype
OFFICE
Site & Location
Neighborhood
North Avondale
Listing Agency:
Longleaf Realty Partners, LLC
(205) 879-3733
Listed By:
Greg wallace
(251) 222-5650
Source:
Moodyscre
Added: May 8, 2025
Changed: Oct 25
Last Checked: Oct 28 at 12:24PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This property is an office/warehouse totaling 7,400 square feet, situated on a 0.32-acre parcel. It features 5,000 square feet of flex space with ceiling heights between 12 and 14 feet, and 2,400 square feet of warehouse space with ceiling heights between 20 and 24 feet, built in 2018. The property includes four 12' x 18' roll-up doors and two 10' x 10' roll-up doors. The zoning is B-2.
Key Highlights
- 7,400 SF Office/Warehouse Flex Space
- 5,000 SF Flex Space with 12'-14' Ceiling Height
- 2,400 SF Warehouse Space with 20'-24' Ceiling Height (Built in 2018)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,303
Cap Rate
5.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$826,060
$826.1K
Cap Rate 7%
$590,043
$590.0K
Cap Rate 9%
$458,922
$458.9K
Market Conditions
NOI Build-Up for 7,400 SF
Gross rent
$53.3K $7.20/SF
− Vacancy
−$4.7K −$0.63/SF
EGI
$48.6K $6.57/SF
− OpEx
−$7.3K −$0.98/SF
NOI
$41.3K $5.58/SF
Area
Birmingham, AL
Vacancy
8.80%
Lease Rate
$7.20 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$826,060
Cap Rate 7%
$590,043
Cap Rate 9%
$458,922
Alternative Uses
Best Use
Flex RnD
$1.03M
$899.0K – $1.20M
NOI $71,919 @ 7.0% cap · market cap 9.28%
Second Best
Warehouse
$590.0K
$516.3K – $688.4K
NOI $41,303 @ 7.0% cap · market cap 5.33%
Theoretical Best
Office A
$1.74M
$1.52M – $2.03M
NOI $121,585 @ 7.0% cap · market cap 15.69%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
764
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Birmingham, AL
Similar Off Market Nearby
- Archer Daniels Midland Co — 3701 1st Ave N, Birmingham, AL 35222
- Raughley Transfer — 2 41st St S, Birmingham, AL 35222
Frequently Asked Questions
What type of property is this?
Warehouse - 7,400 SF office/warehouse with flex and warehouse space.
Where is this warehouse located?
The property is located at 4285 3rd Ave S Birmingham, AL.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: 7,400 SF Office/Warehouse Flex Space; 5,000 SF Flex Space with 12'-14' Ceiling Height; 2,400 SF Warehouse Space with **20'-24' Ceiling Height (Built in 2018)**
