Property profile

450 Republic St Birmingham, AL 35214

OFF-MARKET
Industrial properties
168,000 SF 19 ac lot
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Property summary

AI-generated overview

This exceptional 168,000-square-foot industrial facility, situated on a spacious 19-acre lot at 450 Republic Street in Birmingham, Alabama (zip code 35214), presents a unique opportunity for single-tenant occupancy. The building, part of the Daniel Payne Corporate Center Phase II, offers a single-story design with a remarkable 32-foot clear ceiling height, ideal for various manufacturing and distribution needs. The property boasts 24 dock-high doors and 2 drive-in doors, ensuring efficient loading and unloading operations. Ample parking is provided with 138 auto spaces and 12 trailer spaces. The building is equipped with a robust power supply exceeding 1600 amps, operating at 480 volts, 3-phase power. Its strategic location in Birmingham offers optimal access to major interstate highways and the airport, placing your business in close proximity to major automotive manufacturers. The property's modern amenities and top-tier fire protection systems further enhance its appeal. This build-to-suit facility is currently vacant and ready for immediate occupancy. The property's size and features make it an excellent choice for businesses seeking a high-quality, strategically located industrial space in the Southeast.

Property profile

Verified
Property type Industrial properties
Total area 168,000 SF
Lot 19 ac (827,640 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
  • Auto Repair Shop

Location

450 Republic St Birmingham, AL 35214
Birmingham metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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