Industrial Property in Bessemer,
1307 & 1309 N 9th Avenue, Bessemer, AL 35020
Industrial property with a history of engine manufacturing.
Type:Commercial/Industrial
Property size:
5,410 SFPrice / SF:
$138/SF- Added:
- Mar 29, 2026
- Days on Market:
- 65
- Last Refresh:
- Apr 7 at 8:52 pm
Property Features for 1307 & 1309 N 9th Avenue
General Information
- Standard status
- Active
- Size
- 5,410 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1964
Listing agent Bob Pardue (205) 936-9735
Listing office Five Star Real Estate, LLC (205) 936-9735
Listing date Mar 29, 2026
Source Exitrealty
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 Five Star Real Estate, LLC
HighLights
- Established business location since 1964.
- Currently operating business.
- Formerly Speed Engineering, currently Competition Engines.
- Specializes in race‑related engines.
- Produces drag race configuration products.
- Produces circle track configuration products.
Overview
This industrial property, formerly known as Speed Engineering and currently operating as Competition Engines since its founding in 1964, is available for sale. The 5410-square-foot property has a history of producing race-related engines, as well as drag race and circle track configuration products and components. The current operations will continue until the property is sold. Located in Bessemer, Alabama, at 1307 & 1309 N 9th Avenue, the property offers potential for continued industrial use.
Local Financial Insights For Industrial
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 | $74.0k | $13.68 |
| − Vacancy | −$2.9k | −$0.53 |
| EGI | $71.1k | $13.15 |
| − OpEx | −$21.3k | −$3.94 |
| NOI | $49.8k | $9.20 |
5,410 SF · lease $13.68/SF/yr · vacancy 3.90% · expense 30.00%
Alternative Uses
Best Use
Industrial
$711.2K
$622.3K – $829.8K
NOI $49,786 @ 7.0% cap · market cap 6.64%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.86M
$1.63M – $2.17M
NOI $130,280 @ 7.0% cap · market cap 17.37%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Competition Engines
Auto Parts Store
Location Insight
- Map
- Local Demand
- City
- Bessemer
- County
- Jefferson
- State
- Alabama
- Longitude
- -86.9496352
- Latitude
- 33.4530775
Nearby Similar for Sale
FAQs
What type of property is this?
Manufacturing property - Industrial property with a history of engine manufacturing.
Where is this manufacturing property located?
The property is located at 1307 & 1309 N 9th Avenue Bessemer, AL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Established business location since 1964.; Currently operating business.; Formerly Speed Engineering, currently Competition Engines.
