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Property profile & analytics
OFF-MARKET
Warehouses

349 1St St Alabaster, AL 35007

20,000 SF Built 1940
Property ID
Property summary
AI-generated overview

This exceptional property in Alabaster, Alabama, offers ±14,000 square feet of newly renovated retail and warehouse space, ideally situated at 349 1st St SW, 35007. The building, constructed in 1940 and extensively renovated in 2024, comprises 20,000 total square feet across two stories, with a 13-foot ceiling height. The main level features approximately 14,000 square feet of open retail space, divisible into two suites, each offering a minimum of 6,800 square feet. Below, a flexible warehouse space provides three loading docks, a man door, and ample parking. The entire 20,000 square feet is currently vacant and available for lease, either as a whole or in separate suites. The 4.3-acre lot offers potential for yard space. This location boasts convenient access to I-65, near the intersection of highways 119 and 31, and proximity to historic downtown Alabaster. The property is perfect for a variety of uses, including retail, light industrial, storage, or other alternative uses. Its strategic location and recent renovations make it an attractive opportunity for businesses seeking a versatile and well-equipped space.

Property profile
Verified
Property type Warehouses
Year built 1940
Total area 20,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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