Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Leeds Industrial Space For Sale Title is generated by Realmo AI

    8591 Borden Avenue, Leeds, AL 35094

    View on Map
    Claim this Listing
    For Sale
    $2,250,000

    COMMERCIAL - Leeds, AL

    Property size:
    35,000 SF
    Lot size:
    2.00 Acres
    Price / SF:
    $64/SF
    Added:
    Jan 5, 2026
    Days on Market:
    131
    Last Refresh:
    May 16 at 3:06 pm

    Property Features for 8591 Borden Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Bathrooms
    2
    Rooms
    Bathroom 2, Bathroom 1
    Standard status
    Active
    APN
    2500223001004000
    Size
    35,000 SF
    Lot size
    2.00 Acres

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Natural Gas, Propane (Heating)
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1967
    Floors in Building
    2
    Flooring type
    Concrete
    Roof type
    Metal

    We can help!

    Listing Contact
    Wendy Patterson

    Listing agent Wendy Patterson License #122135

    Listing office Main Street Realty Plus, LLC 202 E Main Street, Albertville, AL

    Listing date Jan 5, 2026

    MLS# 21878465

    Copyright © 2026 ValleyMLS.Com,Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Immediate income from a long‑term tenant.
    • New metal roof being installed.
    • Versatile space suitable for manufacturing, storage, or distribution.
    • Features both expansive industrial space and professional office areas.
    • Includes private living quarters with a kitchen and bathroom for short‑term executive stays.
    • Adjacent property also available for sale.

    Overview

    This industrial property in Leeds, AL, offers a total area of 35000 square feet on a 2-acre lot. It features expansive industrial space, professional office areas, and private living quarters that include a kitchen and bathroom, suitable for short-term executive stays. The property is ideal for manufacturing, storage, or distribution purposes. A new metal roof is being installed. The property is currently occupied by a long-term tenant who wishes to stay, providing immediate income for the investor. The adjacent property located at 8584 Borden Ave is also available for sale.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Leeds
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.531909
    Latitude
    33.537208

    Nearby Similar for Sale

    • $399,900
      5,714 SF

      Commercial Building Near Downtown Leeds

      Freestanding 5,714 SF commercial building suitable for retail or office.
      8300 1st Avenue Southeast, Leeds, AL 35094
      View Details
    • $315,000

      Office Building in Leeds, AL

      Office building for sale in Leeds, Alabama.
      7485 PARKWAY DRIVE, LEEDS, AL 35094
      View Details
    • $308,000
      10,296 SF

      Leeds Church Building For Sale

      Well-maintained church building suitable for worship, school, or venue.
      503 Markeeta Road, LEEDS, AL 35094
      View Details
    • $299,900
      3,164 SF

      Established Restaurant Opportunity

      Restaurant with long-standing reputation available for sale.
      7601 Parkway Drive, LEEDS, AL 35094
      View Details
    • $1,091,550
      1,004 SF

      Eight Single-Family Homes Portfolio

      Portfolio of eight single-family homes in suburban Birmingham, Alabama.
      7683 Georgia Avenue, Leeds, AL 35094
      View Details
    • $2,499,000

      Renovated Downtown Leeds Apartment Building

      Eleven renovated units in downtown Leeds, Alabama, near amenities.
      1509 9TH STREET, LEEDS, AL 35094
      View Details
    • $799,000
      7,050 SF

      Leeds Commercial Building For Sale

      7,050 SF commercial building on 0.79 acres in Leeds.
      8435 1st Ave, Leeds, AL
      View Details
    • $325,000
      2,227 SF

      Leeds Office Space For Sale

      Office property with 2,227 square feet of space.
      7485 Parkway Drive, LEEDS, AL 35094
      View Details
    • $308,000

      Leeds Church Building For Sale

      Well-maintained church with furnishings, remodeled basement, and expansion potential.
      503 MARKEETA ROAD, LEEDS, AL 35094
      View Details
    • $199,000
      1,360 SF

      Commercial Building on Thornton Avenue

      1,360 SF commercial building suitable for various business uses.
      8302 Thornton Avenue, LEEDS, AL 35094
      View Details
    • $2,250,000

      Versatile Income-Generating Industrial Property

      Industrial space with tenant, office, and living quarters for sale.
      8591 Borden Ave, Leeds, AL, 35094-4922
      View Details
    • $249,900

      Leeds Retail Opportunity For Sale

      Commercial property in the heart of Leeds with road frontage.
      7489 PARKWAY DRIVE, LEEDS, AL 35094
      View Details

    FAQs

    What type of property is this?
    Industrial property - Versatile industrial property with office and living space.
    Where is this industrial property located?
    The property is located at 8591 Borden Avenue Leeds, AL.
    What is the asking price?
    The asking price for this property is $2,250,000.
    What are key features of this property?
    This property features: Immediate income from a long‑term tenant.; New metal roof being installed.; Versatile space suitable for manufacturing, storage, or distribution.
    (256) 572-7200
    We can help!
    Listing Contact
    Wendy Patterson
    Real Estate License ID: 122135
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    8591 Borden Avenue, Leeds, AL 35094
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!