Commercial Property on Warrior
2142 Warrior Road Birmingham, AL 35208
2142 Warrior Road, Birmingham, AL, 35208
$179,900
For Sale
$179,900
Commercial property for sale, ideal for investors or business owners.
Property Size1,796 SF
Price / SF$100.17
Days on Market130
Property Features for 2142 Warrior Road
General Information
- Standard status
- Active
- Size
- 1,796 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1940
Listing Agency
Milestone Realty
(205) 223-8005
Listed by
Brandi Brooks
(205) 223-8005
Source
Exitrealty
Added: Mar 10 Checked: Jul 15 at 9:33 pm
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 Milestone Realty
Investment Insights
Based on property information with market context.
This commercial property presents a great opportunity for investors or business owners seeking a customizable space. The property is being sold AS-IS, with no repairs to be made. The building offers 1796 square feet of flex and industrial space.
Key Highlights
- Great commercial opportunity
- Ideal for investors or business owners
- Opportunity to customize the space
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 | $12.9k | $7.20 |
| − Vacancy | −$1.1k | −$0.63 |
| EGI | $11.8k | $6.57 |
| − OpEx | −$3.5k | −$1.97 |
| NOI | $8.3k | $4.60 |
1,796 SF · lease $7.20/SF/yr · vacancy 8.80% · expense 30.00%
Alternative Uses
Best Use
Flex RnD
$249.4K
$218.2K – $290.9K
NOI $17,455 @ 7.0% cap · market cap 9.70%
Second Best
Industrial
$117.9K
$103.2K – $137.6K
NOI $8,255 @ 7.0% cap · market cap 4.59%
Theoretical Best
Office A
$421.6K
$368.9K – $491.8K
NOI $29,509 @ 7.0% cap · market cap 16.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
AAA Between Pay
Loan Service
ReddBird Tax Service
Tax Preparation
Birmingham Accounting
Tax Preparation
Similar For Sale Nearby
Similar Off Market Nearby
- B3 Catering — 4744 Avenue S, Birmingham, AL 35208
FAQs
What type of property is this?
Flex space - Commercial property for sale, ideal for investors or business owners.
Where is this flex space located?
The property is located at 2142 Warrior Road Birmingham, AL.
What is the asking price?
The asking price for this property is $179,900.
What are key features of this property?
This property features: Great commercial opportunity; Ideal for investors or business owners; Opportunity to customize the space