Listing Agency: Graham & Company Birmingham

Listed By: Sonny Culp · License #AL 000029566

Source: Crexi

Added: Apr 10 Changed: Aug 8 Last Checked: Jul 20 at 11:01PM

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Investment Insights

Based on property information with market context.

41 North Industrial Parkway is a Class A bulk warehouse totaling 270,600 square feet in Calera, Alabama. The property is 100% leased to Ncovia Logistics, a 3PL supporting Mercedes-Benz, and was originally designed as a multi-tenant facility. The offering presents a bulk distribution configuration intended for tenants requiring warehouse operations.

The property is located in Birmingham’s South Submarket and is described as being less than 1 mile from I-65, supporting convenient regional access for distribution.

It is presented as an investor opportunity featuring a highly functional bulk distribution layout, with a history as a two-tenant asset noted in the materials.

Key Highlights

• Class A bulk warehouse totaling 270,600 SF in Calera, AL
• 100% leased to Ncovia Logistics (3PL for Mercedes‑Benz)
• Located within Birmingham’s South Submarket, less than 1 mile from I‑65

Property Analytics

Current Use

CRH North America ... Big Box & Wholesale Store Liquidbidding Trade Show Venue Import Partners Importer Marketing results Cafe & Coffee Shop

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Law Firm Electrical Service Garden Center Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

230

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 35040, AL

19,214

Population

7,576

Households

2.5

Avg Household Size

34

Median Age

34%

College-Educated

92%

High-School Grad

77.9 sq mi

ZIP Area

247

Density / Sq Mi

$80,267

Median Household Income

$49,844

Median Earnings

$1,441

Median Rent

$210,600

Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

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Frequently Asked Questions

What type of property is this?

Warehouse - Class A bulk warehouse totaling 270,600 square feet, 100% leased to Ncovia Logistics.

Where is this warehouse located?

The property is located at 41 North Industrial Parkway Calera, AL.

What are key features of this property?

This property features: Class A bulk warehouse totaling 270,600 SF in Calera, AL; 100% leased to Ncovia Logistics (3PL for Mercedes‑Benz); Located within Birmingham’s South Submarket, less than 1 mile from I‑65