Firewall-Divided Warehouse Distribution
5670 Middle Rd Theodore, AL 36582
5670 Middle Rd, Theodore, AL, 36582
Contact for pricing
For Sale
Contact for pricing
Warehouse distribution building with 22' eave height, smooth concrete floors, insulated interior, and two roll-up doors.
Property Size10,000 SF
Lot Size2.76 Acres
Price / SF$63.50
Days on Market519
Property Features for 5670 Middle Rd
General Information
- Standard status
- Active
- Size
- 10,000 SF
- Lot size
- 2.76 Acres
- Property subtype
- INDUSTRIAL
Listing agency
Berkshire Hathaway Cooper & Co.
(251) 583-1009
Listed by
David Cooper · License #000065441
(251) 583-1009
Source
Moodyscre
Added: Feb 17, 2025 Updated: Jul 21 at 6:33AM Checked: Jul 21 at 6:33AM
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 Berkshire Hathaway Cooper & Co.
Investment Insights
Based on property information with market context.
This warehouse distribution building is designed for storage and distribution, with a fully insulated interior, smooth finished concrete flooring, and 22' eave height. The facility includes two 12x14' roll-up doors, power and water, and a firewall dividing the space into two separate 5,000 SF warehouse areas. Outside, there is a 100' covered loading area with a forklift ramp at dock height and one ground leveler.
The property sits just outside city limits with no zoning restrictions. It is located near I-10 at Exit 15 (Hwy 90), less than 1.4 miles away. Lot size is approximately 1.51 acres up to 2.76 acres, subject to planning commission approval of new lot dimensions and subdivision; subdivision costs would be the purchaser’s responsibility.
An additional 1.25 acres of adjoining land is available for sale separately.
The property sits just outside city limits with no zoning restrictions. It is located near I-10 at Exit 15 (Hwy 90), less than 1.4 miles away. Lot size is approximately 1.51 acres up to 2.76 acres, subject to planning commission approval of new lot dimensions and subdivision; subdivision costs would be the purchaser’s responsibility.
An additional 1.25 acres of adjoining land is available for sale separately.
Key Highlights
- 10,000 SF warehouse distribution building with 22' eave height and fully insulated interior.
- Smooth finished concrete flooring plus power and water in the warehouse.
- Two 12x14' roll‑up doors and a (2) 5,000 SF layout divided by a firewall.
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 | $72.0k | $7.20 |
| − Vacancy | −$4.9k | −$0.49 |
| EGI | $67.1k | $6.71 |
| − OpEx | −$10.1k | −$1.01 |
| NOI | $57.0k | $5.70 |
10,000 SF · lease $7.20/SF/yr · vacancy 6.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$814.8K
$713.0K – $950.6K
NOI $57,038 @ 7.0% cap · market cap 8.98%
Second Best
Industrial
$671.0K
$587.2K – $782.9K
NOI $46,973 @ 7.0% cap · market cap 7.40%
Theoretical Best
Office A
$2.54M
$2.22M – $2.97M
NOI $177,917 @ 7.0% cap · market cap 28.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Distribution centers
Similar For Sale Nearby
FAQs
What type of property is this?
Warehouse - Warehouse distribution building with 22' eave height, smooth concrete floors, insulated interior, and two roll-up doors.
Where is this warehouse located?
The property is located at 5670 Middle Rd Theodore, AL.
What is the asking price?
The asking price for this property is $635,000.
What are key features of this property?
This property features: 10,000 SF warehouse distribution building with 22' eave height and fully insulated interior.; Smooth finished concrete flooring plus power and water in the warehouse.; Two 12x14' roll‑up doors and a (2) 5,000 SF layout divided by a firewall.
