Technical
Financial
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Property profile

507 Industrial Park Dr Gadsden, AL 35903

OFF-MARKET
Industrial properties
78,200 SF 26.84 ac lot Built 1989
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Property summary

AI-generated overview

This expansive industrial property, located at 507 Industrial Park Drive in Gadsden, Alabama, presents a significant opportunity for businesses seeking substantial warehouse and production space. The 78,200 square foot building sits on a generous 26.84-acre lot, offering ample room for expansion or outdoor operations. The interior features a durable floor of epoxy-covered, 6-inch concrete with integrated drains. Walls are constructed with a combination of 40% stainless steel insulated metal panels (IMP) and 60% fiberglass-reinforced polymer (FRP), ensuring both strength and hygiene. The roof utilizes an EPDM system for reliable weather protection. Electrical service is provided by a 277-volt high-pressure sodium mercury vapor system. Comprehensive fire protection is in place with a 100% wet sprinkler system covering the production area and a dry system in the storage/freezer area. City of Gadsden water and sewer services are connected. The property includes five sets of restrooms and two locker rooms for employee convenience. The building offers a sizable cooler area exceeding 11,000 square feet, a substantial 27,500+ square foot process area, and a 4,850 square foot freezer area. A gas-fired hot water heater with a 23,000-gallon insulated storage tank is also included. Seven tailgate-level loading docks facilitate efficient material handling. Ample parking is available with 220 spaces. The property is fully enclosed by an 8-foot chain link fence, providing security and containment. This property is priced at $2,500,000.

Property profile

Verified
Property type Industrial properties
Year built 1989
Total area 78,200 SF
Lot 26.84 ac (1,169,150 SF)

Cap rate & NOI

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

Location

507 Industrial Park Dr Gadsden, AL 35903
Gadsden metro
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Value estimations

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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
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