Flex Space with
For Sale
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4417 Pinson Valley Pkwy, Birmingham, AL 35215
Combined showroom and warehouse configuration with dock-high and drive-in loading.
Property Size25,000 SF
Price / SF$79
Days on Market47
Property Features for 4417 Pinson Valley Pkwy
General Information
Standard status
Active
Size
25,000 SF
Property subtype
RETAIL
Warehouse & Industrial
Clear Height
16 ft
Warehouse Space
7,000 SF
Dock-High Doors
2
Drive-In Doors
1
Building Details
Buildings
1
Listing Agency:
Shannon Waltchack
(205) 977-9797
Listed By:
Blake Schafer
(559) 765-7069
Source:
Moodyscre
Added: Jul 30
Changed: Sep 4
Last Checked: Sep 13 at 11:03AM
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 Shannon Waltchack
Investment Insights
Based on property information with market context.
This 25,000 SF flex building on Pinson Valley Parkway includes 18,000 SF of showroom space and a 7,000 SF warehouse. The warehouse features two dock-high doors, one drive-in door, and 16-foot clear height. The property was formerly occupied by Blackwell's Furniture Store and includes ample parking.
Located on Pinson Valley Parkway in Birmingham, the building offers visibility from the roadway and a combined showroom, warehouse, and loading configuration. The property information also identifies additional property for potential development or expansion.
Located on Pinson Valley Parkway in Birmingham, the building offers visibility from the roadway and a combined showroom, warehouse, and loading configuration. The property information also identifies additional property for potential development or expansion.
Key Highlights
- 25,000 SF flex building on Pinson Valley Parkway
- 18,000 SF of showroom space
- 7,000 SF warehouse with two dock‑high doors
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$139,536
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.07%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,790,720
$2.8M
Cap Rate 7%
$1,993,371
$2.0M
Cap Rate 9%
$1,550,400
$1.6M
Market Conditions
NOI Build-Up for 25,000 SF
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.
Gross rent
$180.0K $7.20/SF
− Vacancy
−$15.8K −$0.63/SF
EGI
$164.2K $6.57/SF
− OpEx
−$24.6K −$0.98/SF
NOI
$139.5K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,790,720
Cap Rate 7%
$1,993,371
Cap Rate 9%
$1,550,400
Alternative Uses
Best Use
Retail
$3.49M
$3.05M – $4.07M
NOI $244,335 @ 7.0% cap · market cap 12.37%
Second Best
Flex RnD
$3.47M
$3.04M – $4.05M
NOI $242,970 @ 7.0% cap · market cap 12.30%
Theoretical Best
Office A
$5.87M
$5.13M – $6.85M
NOI $410,760 @ 7.0% cap · market cap 20.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
16 ft
Clear height
2
Dock-high doors
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
198
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 35215, AL
46,772
Population
19,718
Households
2.4
Avg Household Size
34
Median Age
18%
College-Educated
88%
High-School Grad
28.3 sq mi
ZIP Area
1,653
Density / Sq Mi
$51,854
Median Household Income
$32,323
Median Earnings
$1,080
Median Rent
$146,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Birmingham, AL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Combined showroom and warehouse configuration with dock-high and drive-in loading.
Where is this flex space located?
The property is located at 4417 Pinson Valley Pkwy Birmingham, AL.
What is the asking price?
The asking price for this property is $1,975,000.
What are key features of this property?
This property features: 25,000 SF flex building on Pinson Valley Parkway; 18,000 SF of showroom space; 7,000 SF warehouse with two dock‑high doors
