Industrial Warehouse with
For Sale
Contact for pricing
Pending
200 4th St W, Birmingham, AL 35204
Vacant industrial property combining warehouse space with an adjoining lot for outdoor storage or expansion.
Property Size23,000 SF
Days on Market231
Property Features for 200 4th St W
General Information
Standard status
Pending
Size
23,000 SF
Class
C
Property subtype
Industrial
Zoning
M1
Investment Type
Owner/User
Building Details
Year Built
1971
Year Renovated
2023
Listing Agency:
IronHorn Enterprises
Listed By:
Ryan Jenkins · License #0225268974
Source:
Crexi
Added: Feb 26
Changed: Oct 4
Last Checked: Oct 14 at 8:09PM
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 IronHorn Enterprises
Investment Insights
Based on property information with market context.
This vacant industrial property includes a warehouse on a 1.3-acre parcel and a separate 1.09-acre lot at 401 3rd Avenue W, totaling 2.39 acres across two parcels. The building provides 22,783 square feet of warehouse area, a 20-foot clear height, and five grade-level doors. M1 zoning supports its industrial character.
The property is located at 200 4th Street W in Birmingham, with access to I-20/59, I-65, and U.S. Highway 31. Downtown Birmingham, rail infrastructure, and established industrial users are located nearby. The additional parcel can provide yard area, outdoor storage, or room for future expansion.
The property is located at 200 4th Street W in Birmingham, with access to I-20/59, I-65, and U.S. Highway 31. Downtown Birmingham, rail infrastructure, and established industrial users are located nearby. The additional parcel can provide yard area, outdoor storage, or room for future expansion.
Key Highlights
- 2.39 total acres across two parcels
- 22,783 SF warehouse on 1.3 acres
- Adjacent 1.09‑acre lot at 401 3rd Avenue W
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$128,373
Cap Rate
8.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,567,460
$2.6M
Cap Rate 7%
$1,833,900
$1.8M
Cap Rate 9%
$1,426,367
$1.4M
Market Conditions
NOI Build-Up for 23,000 SF
Gross rent
$165.6K $7.20/SF
− Vacancy
−$14.6K −$0.63/SF
EGI
$151.0K $6.57/SF
− OpEx
−$22.7K −$0.98/SF
NOI
$128.4K $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 Rate 5%
$2,567,460
Cap Rate 7%
$1,833,900
Cap Rate 9%
$1,426,367
Alternative Uses
Best Use
Warehouse
$1.83M
$1.60M – $2.14M
NOI $128,373 @ 7.0% cap · market cap 8.02%
Second Best
Industrial
$1.51M
$1.32M – $1.76M
NOI $105,719 @ 7.0% cap · market cap 6.61%
Theoretical Best
Office A
$5.40M
$4.72M – $6.30M
NOI $377,899 @ 7.0% cap · market cap 23.62%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
120
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 35204, AL
9,271
Population
5,333
Households
1.7
Avg Household Size
43
Median Age
14%
College-Educated
83%
High-School Grad
5.0 sq mi
ZIP Area
1,854
Density / Sq Mi
$32,880
Median Household Income
$27,864
Median Earnings
$716
Median Rent
$81,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Birmingham, AL
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Frequently Asked Questions
What type of property is this?
Warehouse - Vacant industrial property combining warehouse space with an adjoining lot for outdoor storage or expansion.
Where is this warehouse located?
The property is located at 200 4th St W Birmingham, AL.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 2.39 total acres across two parcels; 22,783 SF warehouse on 1.3 acres; Adjacent 1.09‑acre lot at 401 3rd Avenue W
