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    400 Industrial Blvd Leesburg, AL 35983

    For Sale
    $18,300,000

    Alabama Warehouse/Manufacturing Complex

    Property size:
    474,642 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This expansive industrial property in Leesburg, Alabama, presents a significant investment opportunity. Encompassing 81.59 acres, the property features two adjacent single-story buildings totaling 474,642 square feet of combined manufacturing, warehouse, and office space. Building 1 offers 321,042 square feet, while Building 2 provides 153,600 square feet. Both buildings boast impressive ceiling heights ranging from 20 to 23 feet to the bottom of the structural steel, and six truck dock areas ensure efficient loading and unloading. The property includes substantial office space: 8,850 square feet in Building 1 and 7,526 square feet in Building 2. Central HVAC systems provide climate control, and 13 CCTV cameras enhance security. Built in phases (1973 and 1987), with renovations in 1989 and 1995, this property offers ample space and modern amenities. The asking price is $18,300,000. On-site parking accommodates 200 vehicles. This two-story complex is situated at 400 Industrial Blvd, Leesburg, AL 35983.

    Property Features for 400 Industrial Blvd

    General Information

    Property type
    Manufacturing properties
    Square Feet
    474,642 SF
    Lot Size
    3,554,060 SF

    Building Details

    Stories
    2

    HighLights

    • $18,300,000 asking price.
    • Two adjacent, single‑story industrial buildings totaling 474,642 square feet, including manufacturing, warehouse, and office space.
    • Building 1: 321,042 SF; Building 2: 153,600 SF.
    • 81.59‑acre lot.
    • 20'-23' ceiling heights.
    • Six truck dock areas.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Gym & Fitness Wholesale Shop Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Leesburg
    County
    Cherokee
    State
    Alabama
    Longitude
    -85.7616981
    Latitude
    34.1849992

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    • $18,300,000
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      Leesburg Industrial Manufacturing and Warehouse

      Two buildings totaling 474,642 SF on 81.59 acres.
      400 Industrial Blvd, Leesburg, AL 35983
      View Details

    Nearby Similar for Sale

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    • $18,300,000
      153,600 SF

      Leesburg Industrial Manufacturing and Warehouse

      Two buildings totaling 474,642 SF on 81.59 acres.
      400 Industrial Blvd, Leesburg, AL 35983
      View Details
    • Contact for pricing
      23,574 SF

      Leesburg Multifamily Investment Opportunity

      24-unit apartment building in Leesburg, Alabama, built in 2004.
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    FAQs

    What type of property is this?
    Manufacturing property - Alabama Warehouse/Manufacturing Complex
    Where is this manufacturing property located?
    The property is located at 400 Industrial Blvd Leesburg, AL.
    What is the asking price?
    The asking price for this property is $18,300,000.
    What are key features of this property?
    This property features: $18,300,000 asking price.; Two adjacent, single-story industrial buildings totaling 474,642 square feet, including manufacturing, warehouse, and office space.; Building 1: 321,042 SF; Building 2: 153,600 SF.
    Request Owner's contact information
    400 Industrial Blvd Leesburg, AL 35983
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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
    400 Industrial Blvd Leesburg, AL 35983
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