Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2415 Us Highway 78 East Moody, AL 35004

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $4 SF/Yr

    283,540 SF distribution warehouse with immediate I-20 access.

    Building Details

    Year built
    2004

    We can help!

    Listing Contact
    Philip Currie, Sior, Ccim
    Source: Jhberry

    Listing Agent: Philip Currie, Sior, Ccim

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Distribution Warehouse with I-20 Access

    This single-story bulk distribution warehouse, constructed in 2004, is located in Moody, Alabama, offering approximately 283,540 square feet of available space. The building features concrete tilt-wall construction and an ESFR sprinkler system. A new 60-mil Carlisle TPO roof was installed in 2019. The property is situated on 42.87 acres of land on Highway 78 East in Moody, providing immediate access to I-20 at Exit 147, Kelly Creek Road. The facility is centrally located between major southeastern U.S. cities. The building's total size is approximately 595,346 square feet. Available space is divided into two sections: Space 1 offers approximately 142,026 square feet, and Space 2 provides approximately 141,514 square feet. The warehouse includes build-to-suit office space, ceiling heights ranging from 28 to 31 feet, and typical column spacing of 64 to 65 feet. It is equipped with 15 (9x10') docks with pit levelers and bumpers, and a 480/277v, 4000 AMP, 3 Phase power supply. The new Carlisle TPO roof comes with a 20-year warranty (installed in 2019).
    Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Real Estate Agency Building Supply Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel Auto Parts Store Department Store Accounting Firm Storage Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Moody
    County
    St. Clair
    State
    Alabama
    Longitude
    -85.8872243
    Latitude
    33.590529

    Nearby Similar for Lease

    • Contact for pricing

      Warehouse Space with I-20 Access

      Warehouse suites with immediate I-20 access and modern features.
      2415 Us Highway 78 East, Moody, AL 35004
      View Details
    • Contact for pricing

      New Industrial Development Available

      New industrial development with multiple buildings for lease.
      Kelly Crk Rd & Kelly Crk Pkwy, Moody, AL 35004
      View Details
    • Contact for pricing
      52,000 SF

      Spacious Warehouse in Moody, Alabama

      52,000 SF warehouse with office space and multiple loading doors.
      2515 S 78, Moody, AL
      View Details
    • $9 SF/Yr
      40,967 SF

      Crossroads Plaza Retail Space

      Prime Moody, AL Retail Opportunity
      1001 Crossroads Plaza Dr, Moody, AL 35004
      View Details
    • Contact for pricing
      500,000 SF

      Kelly Creek Commerce Park: Moody, AL

      Massive Warehouse Distribution Center: 500,000 SF
      0 Kelly Crk Rd & Kelly Crk Pkwy, Moody, AL 35004
      View Details

    FAQs

    What type of property is this?
    Distribution center - 283,540 SF distribution warehouse with immediate I-20 access.
    Where is this distribution center located?
    The property is located at 2415 Us Highway 78 East Moody, AL.
    What is the lease rate?
    The lease rate is $4 SF/Yr.
    What are key features of this property?
    This property features: - Immediate access to I-20 at Exit 147, Kelly Creek Road.; - +/- 283,540 SF of available space, divisible into two spaces.; - New 60-mil Carlisle TPO roof installed in 2019 with 20-year warranty.
    (205) 313-4369
    Request Owner's contact information
    2415 Us Highway 78 East Moody, AL 35004
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2415 Us Highway 78 East
    Moody, AL 35004
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2415 Us Highway 78 East Moody, AL 35004
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Philip Currie, Sior, Ccim
    (205) 313-4369
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!