New Heavy Industrial
4360 1st Avenue South Birmingham, AL 35222
New
For Sale
$1,300,000
Built in 2021, this clear-span warehouse includes grade-level loading, ground-floor restrooms, and a finished second-story office.
Property Size10,000 SF
Price / SF$130
Days on Market2
Property Features for 4360 1st Avenue South
General Information
- Standard status
- Active
- Size
- 10,000 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2021
Listing Agency:
Red Rock Realty Group
(205) 515-1505
Listed By:
Bud Ballard · License #000105215
(205) 515-1505
Source:
Redrockrg
Added: Jul 23
Changed: Jul 24
Last Checked: Jul 24 at 5:06AM
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 Red Rock Realty Group
Investment Insights
Based on property information with market context.
This newer-construction industrial warehouse was built in 2021 and is designed for efficient day-to-day operations. The facility features clear-span construction, grade-level loading, and ground-floor restrooms. A 400 amp, three-phase electrical service supports general warehousing and light manufacturing, along with equipment-intensive operations or other heavy power draw users. The property also includes approximately 530 square feet of finished HVAC second-story office space.
The property is located east of Birmingham’s CBD and is described as minutes from I-20/59 and downtown Birmingham.
The available space is presented as a 10,000 square-foot warehouse with minimal office, supported by M-2 Heavy Industrial zoning.
The property is located east of Birmingham’s CBD and is described as minutes from I-20/59 and downtown Birmingham.
The available space is presented as a 10,000 square-foot warehouse with minimal office, supported by M-2 Heavy Industrial zoning.
Key Highlights
- Built in 2021, clear‑span warehouse totaling 10,000 SF
- M‑2 Heavy Industrial zoning
- Grade‑level loading
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 | $72.0k | $7.20 |
| − Vacancy | −$6.3k | −$0.63 |
| EGI | $65.7k | $6.57 |
| − OpEx | −$9.8k | −$0.98 |
| NOI | $55.8k | $5.58 |
10,000 SF · lease $7.20/SF/yr · vacancy 8.80% · expense 15.00%
Alternative Uses
Best Use
Office B
$1.72M
$1.50M – $2.00M
NOI $120,105 @ 7.0% cap · market cap 9.24%
Second Best
Warehouse
$797.3K
$697.7K – $930.2K
NOI $55,814 @ 7.0% cap · market cap 4.29%
Theoretical Best
Office A
$2.35M
$2.05M – $2.74M
NOI $164,304 @ 7.0% cap · market cap 12.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
LAZR! Metal Cutting ...
Production Facility
Iron Horse Metalworks ...
Metal Fabrication Plant
Similar Off Market Nearby
- Raughley Transfer — 2 41st St S, Birmingham, AL 35222
- Archer Daniels Midland Co — 3701 1st Ave N, Birmingham, AL 35222
FAQs
What type of property is this?
Warehouse - Built in 2021, this clear-span warehouse includes grade-level loading, ground-floor restrooms, and a finished second-story office.
Where is this warehouse located?
The property is located at 4360 1st Avenue South Birmingham, AL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Built in 2021, clear‑span warehouse totaling 10,000 SF; M‑2 Heavy Industrial zoning; Grade‑level loading
