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Industrial Warehouse and Laydown Yard
For Lease
$7.15 SF/Yr

4227-4263 Underwood Industrial Drive, Birmingham, AL 35210

Two connected, separately metered warehouse buildings include dock-high and grade-level loading, plus a large laydown yard.

Space Size12,250 SF - 25,450 SF
Days on Market96

Property Features for 4227-4263 Underwood Industrial Drive

General Information

Standard status Active
Size 12,250 SF - 25,450 SF
Property subtype Industrial - Manufacturing
Zoning I-3

Site & Location

Neighborhood South East Lake
Highway Access Yes
Outdoor Storage Yes
Utilities to Site Yes

Additional Details

Flexible Term Yes
Drive-In Doors 1

Building Details

Building Size 25,450 SF
Year Renovated 2025

Spaces For Lease

at 4227-4263 Underwood Industrial Drive
Underwood Industrial Warehouses $7.15/SF/Yr
Size 12,250-25,450 SF
Type Industrial
Lease Type NNN
Availability Immediate
Sublease No
Renewal Option Yes
Contact us
Listing Agency: Ironvest Partners
Listed By: Bart Moore · License #0001434130
Source: Commercialcafe
Added: Jul 26 Changed: Oct 26 Last Checked: Oct 28 at 4:53AM

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 Ironvest Partners

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Investment Insights

Based on property information with market context.

This offering includes two connected, separately metered warehouse buildings totaling 25,450 SF, supported by a 25,000 SF laydown yard for outdoor storage or staging. Both buildings feature dock-high and grade-level loading, and the property includes multiple access points to support day-to-day operations. The space is available for up to 25,450 SF of newly renovated warehouse, with short-term leases considered.

The property is situated within a well-established industrial corridor near I-459, providing access to Birmingham and broader Southeastern logistics markets. It is supported by I-3 zoning and includes a practical mix of loading types to accommodate varied warehouse requirements.

Recent capital improvements include a new roof with remaining warranty, separated utilities (power, water, and gas), updated HVAC systems, renovated office space, upgraded lighting, exterior paint, and the addition of a drive-in door. Overall, the buildings are positioned as move-in ready with functional, flexible industrial execution for a range of occupancy strategies.

Key Highlights

  • Two connected, separately metered warehouse buildings totaling 25,450 SF in an industrial corridor near I‑459
  • 25,000 SF laydown yard plus multiple access points for loading and operational flexibility
  • Dock‑high and grade‑level loading on both buildings, including a drive‑in door

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Repair Shop HVAC Service Big Box & Wholesale Store Grocery & Convenience 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.

Lease Details

1
Drive-in doors
Yes
Highway access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$1.07 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

41
Businesses Nearby
Well-served
Demand for This Use

Demographics for 35210, AL

14,344
Population
7,204
Households
2
Avg Household Size
43
Median Age
46%
College-Educated
95%
High-School Grad
24.9 sq mi
ZIP Area
576
Density / Sq Mi
$72,632
Median Household Income
$48,194
Median Earnings
$1,164
Median Rent
$247,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Birmingham, AL

$8.83 /SF/Yr
Avg Asking Price
$5.5–$14 /SF/Yr
Price Range
8,283 SF
Avg Space Size

This space is priced 19% below the average of $8.83 /SF/Yr.

Vacancy Rate% for Industrial in Birmingham, AL

6.5% 2019
5.1% 2020
4.7% 2021
7.3% 2022
13.5% 2023
9.2% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Two connected, separately metered warehouse buildings include dock-high and grade-level loading, plus a large laydown yard.
Where is this flex space located?
The property is located at 4227-4263 Underwood Industrial Drive Birmingham, AL.
What is the lease rate?
The lease rate is $7.15 SF/Yr.
What are key features of this property?
This property features: Two connected, separately metered warehouse buildings totaling 25,450 SF in an industrial corridor near I‑459; 25,000 SF laydown yard plus multiple access points for loading and operational flexibility; Dock‑high and grade‑level loading on both buildings, including a drive‑in door
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