Property profile

400 Industrial Dr Birmingham, AL 35211

OFF-MARKET
Refrigerated & Cold Storage
486,353 SF 49.01 ac lot Built 1988
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 486,353-square-foot industrial facility in Birmingham, Alabama, offers a unique opportunity for cold storage and distribution businesses. Built in 1988 and extensively renovated in 2021, the single-tenant property boasts a substantial 49.01-acre lot and features 34-foot ceiling heights, 95 dock-high doors, and ample parking for 312+ vehicles. The building's layout includes 189,232 square feet of freezer storage, 139,198 square feet of cooler storage, and 103,119 square feet of refrigerated dock space. The property is zoned I-3 Industrial and benefits from robust power supplied by Alabama Power (2000 amp, 3-phase, 277/480v). Its strategic location at 400 Industrial Drive provides easy access to major interstates, including I-65, I-59, I-459, I-20, and I-22, ensuring seamless connectivity to key Southeastern markets. The entire facility is currently vacant, presenting a blank canvas for a discerning tenant to customize and optimize the space to meet their specific operational needs. This is a rare opportunity to acquire a large-scale, state-of-the-art cold storage and distribution center in a prime Birmingham location.

Property profile

Verified
Property type Refrigerated & Cold Storage
Year built 1988
Total area 486,353 SF
Lot 49.01 ac (2,134,876 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Warehouse & Storage
  • Gas Station
  • Trucking Company
  • Warehouse & Storage

Location

400 Industrial Dr Birmingham, AL 35211
Birmingham metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 400 Industrial Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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