Office/Warehouse with Mezzanine
4347 Powell Ave S Birmingham, AL 35222
4347 Powell Ave S, Birmingham, AL, 35222
$875,000
For Sale
$875,000
Flex office and warehouse with heavy power, two restrooms, and a kitchenette plus three private offices.
Property Size6,700 SF
Lot Size0.18 Acres
Price / SF$130.60
Days on Market12
Property Features for 4347 Powell Ave S
General Information
- Standard status
- Active
- Size
- 6,700 SF
- Lot size
- 0.18 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1950
Listing agency
(205) 226-8625
Listed by
Bill Gunn, SIOR, CCIM
Source
Jhberry
Added: Jul 11 Updated: Jul 21 at 10:43PM Checked: Jul 21 at 10:43PM
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 Bill Gunn, SIOR, CCIM
Investment Insights
Based on property information with market context.
This for-sale office/warehouse property includes approximately 800 SF of office space and about 5,900 SF of warehouse area within a 6,700 SF building. The office portion has a very nice office area with three private offices, along with two restrooms and a kitchenette. The warehouse includes the possibility of four mezzanine storage areas and features a 3-ton bridge crane.
The property sits on a 7,750 SF lot. The available power is described as “heavy power.” The listing also references a former “Man Cave,” but no additional details about its current status are provided.
Overall, the building is configured to support both office and warehouse operations, with onsite storage options on a mezzanine level and crane-assisted material handling in the warehouse space.
The property sits on a 7,750 SF lot. The available power is described as “heavy power.” The listing also references a former “Man Cave,” but no additional details about its current status are provided.
Overall, the building is configured to support both office and warehouse operations, with onsite storage options on a mezzanine level and crane-assisted material handling in the warehouse space.
Key Highlights
- 6,700 SF office/warehouse with 800 SF office and 5,900 SF warehouse space
- Office includes three private offices and a very nice office area
- Two restrooms and a kitchenette
Local Financial Insights For Office B
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 | $136.7k | $20.40 |
| − Vacancy | −$29.4k | −$4.39 |
| EGI | $107.3k | $16.01 |
| − OpEx | −$26.8k | −$4.00 |
| NOI | $80.5k | $12.01 |
6,700 SF · lease $20.40/SF/yr · vacancy 21.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.15M
$1.01M – $1.34M
NOI $80,470 @ 7.0% cap · market cap 9.20%
Second Best
Flex RnD
$930.2K
$814.0K – $1.09M
NOI $65,116 @ 7.0% cap · market cap 7.44%
Theoretical Best
Office A
$1.57M
$1.38M – $1.83M
NOI $110,084 @ 7.0% cap · market cap 12.58%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Flex office and warehouse with heavy power, two restrooms, and a kitchenette plus three private offices.
Where is this flex space located?
The property is located at 4347 Powell Ave S Birmingham, AL.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: 6,700 SF office/warehouse with 800 SF office and 5,900 SF warehouse space; Office includes three private offices and a very nice office area; Two restrooms and a kitchenette
