Manufacturing and Warehouse
For Sale
Contact for pricing
428 Industrial Ln, Birmingham, AL 35211
Renovated in 2023 with a new roof in 2025, featuring manufacturing and warehousing under I-3 zoning and gated loading.
Property Size81,795 SF
Price / SF$94.75
Days on Market324
Property Features for 428 Industrial Ln
General Information
Standard status
Active
Size
81,795 SF
Property subtype
INDUSTRIAL
Site & Location
Neighborhood
Oxmoor
Listing Agency:
Cushman & Wakefield EGS
(205) 314-5534
Listed By:
Brad Moffatt
(205) 314-5509
Source:
Moodyscre
Added: Dec 9, 2025
Changed: Oct 25
Last Checked: Oct 28 at 12:04PM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This property serves as the corporate headquarters, primary manufacturing, and warehousing facility for Storyteller Overland. The facility has been renovated in 2023, and a new roof was installed in 2025. Improvements include a secured, fenced, and gated loading area, along with approximately 80 surface parking spaces.
The property is zoned I-3 and is located in the Oxmoor Valley submarket. It also includes on-site acreage of about 6.0 acres, supporting the facility’s operational footprint.
With its combined headquarters, manufacturing, and warehousing functions, the property offers a purpose-built industrial setup for an owner-operator or an industrial buyer seeking an established facility configuration.
The property is zoned I-3 and is located in the Oxmoor Valley submarket. It also includes on-site acreage of about 6.0 acres, supporting the facility’s operational footprint.
With its combined headquarters, manufacturing, and warehousing functions, the property offers a purpose-built industrial setup for an owner-operator or an industrial buyer seeking an established facility configuration.
Key Highlights
- Renovated in 2023 with a new roof in 2025
- ±181,795 SF manufacturing and warehousing facility
- 6.0 AC site with I‑3 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$456,534
Cap Rate
5.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,130,680
$9.1M
Cap Rate 7%
$6,521,914
$6.5M
Cap Rate 9%
$5,072,600
$5.1M
Market Conditions
NOI Build-Up for 81,795 SF
Gross rent
$588.9K $7.20/SF
− Vacancy
−$51.8K −$0.63/SF
EGI
$537.1K $6.57/SF
− OpEx
−$80.6K −$0.98/SF
NOI
$456.5K $5.58/SF
Area
Birmingham, AL
Vacancy
8.80%
Lease Rate
$7.20 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,130,680
Cap Rate 7%
$6,521,914
Cap Rate 9%
$5,072,600
Alternative Uses
Best Use
Warehouse
$6.52M
$5.71M – $7.61M
NOI $456,534 @ 7.0% cap · market cap 5.89%
Second Best
Industrial
$5.37M
$4.70M – $6.27M
NOI $375,969 @ 7.0% cap · market cap 4.85%
Theoretical Best
Office A
$19.20M
$16.80M – $22.40M
NOI $1,343,925 @ 7.0% cap · market cap 17.34%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
309
Businesses Nearby
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Business Placement
Demographics for 35211, AL
24,775
Population
14,302
Households
1.7
Avg Household Size
40
Median Age
23%
College-Educated
87%
High-School Grad
16.6 sq mi
ZIP Area
1,492
Density / Sq Mi
$34,286
Median Household Income
$29,742
Median Earnings
$1,044
Median Rent
$94,500
Median Home Value
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Market
Vacancy Rate% for Industrial in Birmingham, AL
Frequently Asked Questions
What type of property is this?
Manufacturing property - Renovated in 2023 with a new roof in 2025, featuring manufacturing and warehousing under I-3 zoning and gated loading.
Where is this manufacturing property located?
The property is located at 428 Industrial Ln Birmingham, AL.
What is the asking price?
The asking price for this property is $7,750,000.
What are key features of this property?
This property features: Renovated in 2023 with a new roof in 2025; ±181,795 SF manufacturing and warehousing facility; 6.0 AC site with I‑3 zoning
