Flex Space With Heavy-Duty
For Sale
$2,350,000
4111 Pinson Valley Parkway, Birmingham, AL 35215
Fenced industrial facility with substantial yard area, equipment-support infrastructure, and covered wash bay.
Property Size15,600 SF
Days on Market69
Property Features for 4111 Pinson Valley Parkway
General Information
Standard status
Active
Size
15,600 SF
Property subtype
Office / Warehouse
Building Details
Building Size
15,600 SF
Listing Agency:
Cushman & Wakefield / EGS Commercial Real Estate
Listed By:
Jake Byers · License #000137123
(205) 314-5555
Source:
Egsinc
Added: Jul 8
Changed: Sep 8
Last Checked: Sep 14 at 9:50AM
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 Cushman & Wakefield / EGS Commercial Real Estate
Investment Insights
Based on property information with market context.
This 15,600-square-foot flex facility includes a 4-acre fenced, gravel yard that supports material storage, equipment staging, and day-to-day operations. The building contains a shop configured for heavy-duty work, with 8 drive-in doors, a center trench equipped with an oil separator, and a 3-ton floor-mounted jib crane. A covered wash bay adds dedicated space for cleaning and maintaining fleet or other equipment.
The property is located at 4111 Pinson Valley Parkway in Birmingham, Alabama, with the address identifying its position within the Birmingham market. Its combination of enclosed shop space, multiple drive-in access points, secured outdoor area, and service-oriented improvements provides a practical configuration for industrial operations requiring both building and yard capacity.
The property is located at 4111 Pinson Valley Parkway in Birmingham, Alabama, with the address identifying its position within the Birmingham market. Its combination of enclosed shop space, multiple drive-in access points, secured outdoor area, and service-oriented improvements provides a practical configuration for industrial operations requiring both building and yard capacity.
Key Highlights
- 15,600 SF flex building on a 4‑acre fenced, gravel yard
- 8 drive‑in doors provide multiple points of shop access
- 3‑ton floor‑mounted jib crane supports heavy‑duty shop work
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$151,613
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.45%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,032,260
$3.0M
Cap Rate 7%
$2,165,900
$2.2M
Cap Rate 9%
$1,684,589
$1.7M
Market Conditions
NOI Build-Up for 15,600 SF
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.
Gross rent
$262.1K $16.80/SF
− Vacancy
−$28.8K −$1.85/SF
EGI
$233.3K $14.95/SF
− OpEx
−$81.6K −$5.23/SF
NOI
$151.6K $9.72/SF
Area
Birmingham, AL
Vacancy
11.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,032,260
Cap Rate 7%
$2,165,900
Cap Rate 9%
$1,684,589
Alternative Uses
Best Use
Flex RnD
$2.17M
$1.90M – $2.53M
NOI $151,613 @ 7.0% cap · market cap 6.45%
Second Best
Industrial
$1.02M
$896.3K – $1.20M
NOI $71,705 @ 7.0% cap · market cap 3.05%
Theoretical Best
Office A
$3.66M
$3.20M – $4.27M
NOI $256,314 @ 7.0% cap · market cap 10.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
101
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 35215, AL
46,772
Population
19,718
Households
2.4
Avg Household Size
34
Median Age
18%
College-Educated
88%
High-School Grad
28.3 sq mi
ZIP Area
1,653
Density / Sq Mi
$51,854
Median Household Income
$32,323
Median Earnings
$1,080
Median Rent
$146,900
Median Home Value
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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?
Flex space - Fenced industrial facility with substantial yard area, equipment-support infrastructure, and covered wash bay.
Where is this flex space located?
The property is located at 4111 Pinson Valley Parkway Birmingham, AL.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: 15,600 SF flex building on a 4‑acre fenced, gravel yard; 8 drive‑in doors provide multiple points of shop access; 3‑ton floor‑mounted jib crane supports heavy‑duty shop work
