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    Selma Industrial Warehouse Facility Title is generated by Realmo AI

    2210 Alabama Ave, Selma, AL 36703

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    Large industrial warehouse in Selma, Alabama, suitable for various operations.

    Type:Industrial
    Added:
    May 13, 2026
    Days on Market:
    20
    Last Refresh:
    May 14 at 8:37 pm

    Property Features for 2210 Alabama Ave

    General Information

    Standard status
    Active
    Property subtype
    Industrial

    Building Details

    Year Built
    83

    Spaces For Lease

    at 2210 Alabama Ave Contact us

    We can help!

    Listing Contact
    Joe Miller

    Listing agent Joe Miller License #000097440-1

    Listing office SITESTONE CRE

    Listing date May 13, 2026

    Source Crexi

    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 SITESTONE CRE

    HighLights

    • Expansive open warehouse layout with high‑clearance interior space.
    • Multiple loading and truck access points.
    • Located within Selma’s industrial corridor with access to major regional transportation routes.
    • Suitable for distribution, logistics, manufacturing, storage, and operational users.
    • Heavy‑duty concrete flooring and functional industrial infrastructure.
    • Flexible space configurations suitable for a variety of commercial and industrial operations.

    Overview

    This large-scale industrial warehouse facility is available for lease in Selma, Alabama. The versatile industrial property features an expansive open warehouse layout with high-clearance interior space and multiple loading and truck access points. It is designed to support distribution, logistics, manufacturing, storage, and other operational uses. Currently configured primarily for warehouse and industrial operations, the property offers an efficient open-layout environment ideal for storage, logistics, distribution, contractor operations, fleet services, and industrial users. Office and restroom improvements are negotiable, depending on tenant needs and lease structure. The facility includes heavy-duty concrete flooring, functional industrial infrastructure, and flexible space configurations suitable for a variety of commercial and industrial operations. The clean warehouse environment provides an excellent opportunity for companies seeking efficient operational space with regional accessibility throughout Central and South Alabama. Potential uses include distribution, e-commerce fulfillment, manufacturing, contractor operations, fleet services, storage, and logistics support. The property’s large-scale layout and operational flexibility make it well-suited for both established operators and growing businesses requiring scalable industrial space. It is conveniently located within Selma’s industrial corridor with access to major regional transportation routes serving Montgomery, Birmingham, Mobile, and surrounding Alabama markets. The property is strategically positioned within the Selma market near ongoing public and private investment initiatives, including recently announced revitalization and infrastructure improvement efforts along the Alabama Avenue corridor. Continued economic development activity in the area supports long-term industrial and commercial growth throughout the region.
    Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Lovelady Storage — Merrifield Dr, Selma, AL 36703
    • Copper Safe Storage — 218 US-80 BUS, Selma, AL 36701

    Location Insight

    • Map
    • Local Demand
    City
    Selma
    County
    Dallas
    State
    Alabama
    Longitude
    -87.0077
    Latitude
    32.4123

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    FAQs

    What type of property is this?
    Warehouse - Large industrial warehouse in Selma, Alabama, suitable for various operations.
    Where is this warehouse located?
    The property is located at 2210 Alabama Ave Selma, AL.
    What are key features of this property?
    This property features: Expansive open warehouse layout with **high‑clearance interior space**.; Multiple loading and truck access points.; Located within Selma’s industrial corridor with access to major regional transportation routes.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Joe Miller
    Real Estate License ID: 000097440-1
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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