Office/Warehouse Flex Space
4285 3rd Ave S Birmingham, AL
For Sale
Contact for pricing
7,400 SF office/warehouse with flex and warehouse space.
Property Size7,400 SF
Lot Size0.32 Acres
Price / SF$104.73
Days on Market449
Property Features for 4285 3rd Ave S
General Information
Standard status
Active
Size
7,400 SF
Lot size
0.32 Acres
Property subtype
OFFICE
Listing Agency:
Longleaf Realty Partners, LLC
(251) 222-5650
Listed By:
Greg wallace
(251) 222-5650
Source:
Moodyscre
Added: May 8, 2025
Changed: Jul 6
Last Checked: Jul 21 at 5:30AM
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 Longleaf Realty Partners, LLC
Investment Insights
Based on property information with market context.
This property is an office/warehouse totaling 7,400 square feet, situated on a 0.32-acre parcel. It features 5,000 square feet of flex space with ceiling heights between 12 and 14 feet, and 2,400 square feet of warehouse space with ceiling heights between 20 and 24 feet, built in 2018. The property includes four 12' x 18' roll-up doors and two 10' x 10' roll-up doors. The zoning is B-2.
Key Highlights
- 7,400 SF Office/Warehouse Flex Space
- 5,000 SF Flex Space with 12'-14' Ceiling Height
- 2,400 SF Warehouse Space with 20'-24' Ceiling Height (Built in 2018)
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $53.3k | $7.20 |
| − Vacancy | −$4.7k | −$0.63 |
| EGI | $48.6k | $6.57 |
| − OpEx | −$7.3k | −$0.98 |
| NOI | $41.3k | $5.58 |
7,400 SF · lease $7.20/SF/yr · vacancy 8.80% · expense 15.00%
Alternative Uses
Best Use
Flex RnD
$1.03M
$899.0K – $1.20M
NOI $71,919 @ 7.0% cap · market cap 9.28%
Second Best
Warehouse
$590.0K
$516.3K – $688.4K
NOI $41,303 @ 7.0% cap · market cap 5.33%
Theoretical Best
Office A
$1.74M
$1.52M – $2.03M
NOI $121,585 @ 7.0% cap · market cap 15.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Raughley Transfer — 2 41st St S, Birmingham, AL 35222
- Archer Daniels Midland Co — 3701 1st Ave N, Birmingham, AL 35222
Frequently Asked Questions
What type of property is this?
Warehouse - 7,400 SF office/warehouse with flex and warehouse space.
Where is this warehouse located?
The property is located at 4285 3rd Ave S Birmingham, AL.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: 7,400 SF Office/Warehouse Flex Space; 5,000 SF Flex Space with 12'-14' Ceiling Height; 2,400 SF Warehouse Space with **20'-24' Ceiling Height (Built in 2018)**
