Gadsden Industrial Property For
125 Thomas Dr, Gadsden, AL 35904
35,000 SF industrial property on 4.94 acres in Gadsden, AL.
Type:Industrial
Property size:
35,000 SFLot size:
4.94 AcresPrice / SF:
$48/SF- Added:
- May 16, 2023
- Days on Market:
- 1113
- Last Refresh:
- May 12 at 9:15 pm
Property Features for 125 Thomas Dr
General Information
- Standard status
- Active
- Size
- 35,000 SF
- Lot size
- 4.94 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1992
Listing agent Judd Dunning License #CA 01520854
Listing office DWG Capital Group
Listing date May 16, 2023
Source Crexi
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 DWG Capital Group
HighLights
- Significantly Reduced Price: Listed at $1,700,000 ($48/SF), well below replacement cost.
- Strategic Location: Excellent access to I‑759 and I‑59, providing efficient transportation to Birmingham and Atlanta.
- Spacious Industrial Building: 35,000 square feet on a 4.94‑acre lot.
- Strong Market Conditions: Located near Birmingham, a thriving market with low vacancy rates and high rent growth.
- Ready for Immediate Occupancy: The property is ready for immediate move‑in.
- Potential Leaseback Option: Seller is willing to consider a short‑term leaseback arrangement.
Overview
This industrial property, located at 125 Thomas Drive in Gadsden, Alabama, offers a unique investment opportunity. The property provides convenient access to major highways I-759 and I-59, situated one hour from Birmingham and two hours from Atlanta. Constructed in 1992, the well-maintained building provides 35,000 square feet of space on a 4.94-acre lot. The property is suitable for businesses requiring efficient transportation and logistics solutions, as well as investors seeking to re-tenant and generate cash flow. The property is ready for immediate move-in, offering convenience and flexibility for potential tenants and buyers. The seller is willing to consider a short-term leaseback arrangement, if needed, to accommodate new tenants after closing. The surrounding area of Birmingham is experiencing increasing demand from logistics providers and a growing manufacturing landscape, with a historically low vacancy rate of approximately 3.3% and year-over-year rent growth of around 12.6%.
Property Profile
Location Intelligence
Current Use by Public Records
Decatur Plastic Products
Factory
Similar Places Nearby
- SmartMoves Storage — 3651 Julie St, Rainbow City, AL 35906
Location Insight
- Map
- Local Demand
- City
- Gadsden
- County
- Etowah
- State
- Alabama
- Longitude
- -86.07111
- Latitude
- 33.993788
Nearby Similar for Sale
FAQs
What type of property is this?
Warehouse - 35,000 SF industrial property on 4.94 acres in Gadsden, AL.
Where is this warehouse located?
The property is located at 125 Thomas Dr Gadsden, AL.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Significantly Reduced Price: Listed at $1,700,000 ($48/SF), well below replacement cost.; Strategic Location: Excellent access to I‑759 and I‑59, providing efficient transportation to Birmingham and Atlanta.; Spacious Industrial Building: 35,000 square feet on a 4.94‑acre lot.
