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    520 Comer St Alexander City, AL 35010

    Sponsored
    For Sale
    Contact for pricing

    500K+ SF Warehouse, For Sale

    Property size:
    500,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This expansive 500,000-520,000 square foot industrial property in Alexander City, Alabama, presents a unique investment opportunity. Located at 520 Comer St., this Class B, vacant facility sits on 23.8 acres and features five buildings across three stories, with permitted LI zoning. Originally built in 1900 and extensively renovated in 2023, the property boasts five loading docks, 18-25 foot ceiling heights, and is ideal for distribution, manufacturing, or warehousing. The large open floor plans offer flexibility for various business needs. Its strategic location provides easy access to major transportation routes. The property's history as a cotton mill adds unique character, while modern features like chillers and air filtration systems enhance functionality. This owner-user investment opportunity offers significant potential for growth and return. The property includes multiple equipment elevators and ample parking. Don't miss this chance to acquire a substantial industrial asset in a prime location. This is a rare opportunity to own a large-scale industrial property with significant upside potential. The property's size, location, and features make it an attractive option for a variety of businesses seeking to expand or relocate. The recent renovations ensure the property is in excellent condition and ready for immediate occupancy.

    Property Features for 520 Comer St

    General Information

    Property type
    Distribution properties
    Square Feet
    500,000 SF
    Class
    B
    Lot Size
    1,036,728 SF

    Building Details

    Year Built/Renovated
    1900/2023
    Buildings
    1
    Stories
    3
    Units
    5

    HighLights

    • Multiple loading docks and freight elevators.
    • Ample truck parking and extensive parking lot space.
    • High‑efficiency air filtration system.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Alexander City
    County
    Tallapoosa
    State
    Alabama
    Longitude
    -85.944593767397
    Latitude
    32.939499717433

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    FAQs

    What type of property is this?
    Distribution property - 500K+ SF Warehouse, For Sale
    Where is this distribution property located?
    The property is located at 520 Comer St Alexander City, AL.
    What are key features of this property?
    This property features: Multiple loading docks and freight elevators.; Ample truck parking and extensive parking lot space.; High-efficiency air filtration system.
    Request Owner's contact information
    520 Comer St Alexander City, AL 35010
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    Realmo Value Estimation

    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.

    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.

    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
    520 Comer St Alexander City, AL 35010
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