Office-Warehouse Flex
For Sale
$1,095,000
5804 Oporto Madrid Blvd S, Irondale, AL 35210
Built in 1985, the property combines office and warehouse functions.
Property Size10,950 SF
Days on Market54
Property Features for 5804 Oporto Madrid Blvd S
General Information
Standard status
Active
Size
10,950 SF
Property subtype
Industrial
Building Details
Building Size
10,950 SF
Year Built
1985
Listing Agency:
Longleaf Realty Partners, LLC
Listed By:
Champ Stewart · License #0001462860
(205) 879-3733
Source:
Longleafrealestate
Added: Aug 22
Changed: Oct 6
Last Checked: Oct 12 at 6:25PM
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.
Located at 5804 Oporto Madrid Blvd S in Irondale, Alabama, this flex-space property combines office and warehouse functions within one commercial asset. The building was constructed in 1985.
Key Highlights
- Flex‑space property with office and warehouse components
- Constructed in 1985
- 5804 Oporto Madrid Blvd S, Irondale, AL 35210
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$100,768
Cap Rate
9.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,015,360
$2.0M
Cap Rate 7%
$1,439,543
$1.4M
Cap Rate 9%
$1,119,644
$1.1M
Market Conditions
NOI Build-Up for 10,950 SF
Gross rent
$149.8K $13.68/SF
− Vacancy
−$5.8K −$0.53/SF
EGI
$144.0K $13.15/SF
− OpEx
−$43.2K −$3.94/SF
NOI
$100.8K $9.20/SF
Area
Jefferson County, AL
Vacancy
3.90%
Lease Rate
$13.68 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,015,360
Cap Rate 7%
$1,439,543
Cap Rate 9%
$1,119,644
Alternative Uses
Best Use
Office B
$2.76M
$2.41M – $3.22M
NOI $192,967 @ 7.0% cap · market cap 17.62%
Second Best
Warehouse
$1.75M
$1.53M – $2.04M
NOI $122,361 @ 7.0% cap · market cap 11.17%
Theoretical Best
Office A
$3.77M
$3.30M – $4.39M
NOI $263,691 @ 7.0% cap · market cap 24.08%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
249
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in South region
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Similar Off Market Nearby
- Good To Go Catering — 7855 Crestwood Blvd, Irondale, AL 35210, United States
Frequently Asked Questions
What type of property is this?
Flex space - Built in 1985, the property combines office and warehouse functions.
Where is this flex space located?
The property is located at 5804 Oporto Madrid Blvd S Irondale, AL.
What is the asking price?
The asking price for this property is $1,095,000.
What are key features of this property?
This property features: Flex‑space property with office and warehouse components; Constructed in 1985; 5804 Oporto Madrid Blvd S, Irondale, AL 35210
