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Property profile & analytics

5240 Willis Rd Theodore, AL 36582-1703

  • Warehouses
  • 60,114 SF
  • 6.15 lot acres
OFF-MARKET
Last Sale
Feb 02, 2025
$15,317,392
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US03-0755556
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Warehouses

Property Details for 5240 Willis Rd

Year built
2004
Lot size
6.15 lot acres
Property size
60,114 SF
Property type
Warehouses
APN
33 08 28 4 000 027.003
APU
3308284000027003

Description

This exceptional industrial property in Theodore, Alabama, offers 196,906 square feet of distribution and manufacturing space across two buildings on a 9.2-acre lot. Built in 2002 and 2022, the property boasts a strategic location along I-10, just 12 miles from a major deep-water port, providing unparalleled access to Eastern, Central, and Gulf Coast states. The buildings feature high-quality construction, including a 24-gauge standing seam metal roof, 7-inch thick warehouse floors reinforced with rebar and metal shavings, and high-volume ceiling fans. Security features include a fully fenced perimeter with electronic gate access and a state-of-the-art security system, designed to withstand 158 mph winds. The property includes 19 dock-high doors, all equipped with levelers and tubular trailer guides. One building offers a unique covered staging/loading area with a 25-foot-wide concrete ramp and a large electrically operated roll-up door. The asking price is $15,900,000, and the current owner is open to a short-term sale/leaseback arrangement. Ceiling heights range from 27 to 29 feet. This is a rare opportunity to acquire a high-quality, strategically located industrial property with significant potential for growth and return on investment.


Value Estimations

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  • CAP approach

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Location Insight

  • Map
  • Local Demand
City
Theodore
County
Mobile
State
Alabama
Longitude
-88.1743
Latitude
30.5754
CBSA code
33660
CBSA name
MOBILE, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$57,704
$107,160
$780,460
$887,620
-
$535,800
$3,902,300
$4,438,100
More about this property
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