Warehouse with Fenced
7415 1st Ave N Birmingham, AL 35206
7415 1st Ave N, Birmingham, AL, 35206
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For Sale
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5,000 SF warehouse with fenced yard near I-59/I-20.
Property Size5,000 SF
Lot Size0.38 Acres
Price / SF$75
Days on Market168
Property Features for 7415 1st Ave N
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Lot size
- 0.38 Acres
- Property subtype
- Industrial
Listing Agency
Longleaf Realty Partners, LLC
(205) 879-3733
Listed by
Champ Stewart · License #AL 000146286-0
Source
Crexi
Added: Jan 30 Checked: Jul 17 at 10:49 am
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 warehouse property offers approximately 5,000 square feet of space on a 0.38-acre lot. The property features a fenced yard and includes two roll-up doors. The eave height measures 14 feet. An additional block storage building is located within the yard. A semi-trailer, currently used for storage, is included with the property. The property is equipped with an alarm system, electric fence, and cameras. It is located approximately 0.5 miles from I-59 and 1 mile from I-20.
Key Highlights
- Convenient location: .5 miles from I‑59 and 1 mile from I‑20.
- Secure property: Includes alarm system, electric fence, and cameras.
- Large fenced yard: .38 acres of fenced yard space.
Local 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 | $36.0k | $7.20 |
| − Vacancy | −$3.2k | −$0.63 |
| EGI | $32.8k | $6.57 |
| − OpEx | −$4.9k | −$0.98 |
| NOI | $27.9k | $5.58 |
5,000 SF · lease $7.20/SF/yr · vacancy 8.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$398.7K
$348.8K – $465.1K
NOI $27,907 @ 7.0% cap · market cap 7.44%
Second Best
Industrial
$328.3K
$287.3K – $383.0K
NOI $22,982 @ 7.0% cap · market cap 6.13%
Theoretical Best
Office A
$1.17M
$1.03M – $1.37M
NOI $82,152 @ 7.0% cap · market cap 21.91%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Warehouse - 5,000 SF warehouse with fenced yard near I-59/I-20.
Where is this warehouse located?
The property is located at 7415 1st Ave N Birmingham, AL.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Convenient location: .5 miles from I‑59 and 1 mile from I‑20.; Secure property: Includes alarm system, electric fence, and cameras.; Large fenced yard: .38 acres of fenced yard space.
