Commercial Property on Warrior
For Sale
$179,900
2142 Warrior Road, Birmingham, AL 35208
Commercial property for sale, ideal for investors or business owners.
Property Size1,796 SF
Price / SF$100.17
Days on Market143
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
Changed: Jul 10
Last Checked: Jul 29 at 6:20AM
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
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 authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
508
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 35208, AL
12,982
Population
7,469
Households
1.7
Avg Household Size
43
Median Age
17%
College-Educated
87%
High-School Grad
3.7 sq mi
ZIP Area
3,509
Density / Sq Mi
$37,363
Median Household Income
$29,963
Median Earnings
$951
Median Rent
$91,900
Median Home Value
Market
Vacancy Rate% for Industrial in Birmingham, AL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- B3 Catering — 4744 Avenue S, Birmingham, AL 35208
Frequently Asked Questions
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