1788 Horse Creek Blvd Dora, AL 35062
This exceptional Dora, Alabama industrial property offers 9,600 square feet of versatile space, ideally suited for distribution, manufacturing, or warehousing. Situated on a 4.8-acre lot with over 600 feet of road frontage, the property boasts convenient access to I-22 and US Highway 78. The main building comprises approximately 6,000 square feet of multi-use warehouse space with 20+ foot ceilings and 1,200 square feet of office space, featuring three offices, separate restrooms, a kitchen, storage closets, and a reception area. The office space has 12-foot ceilings. A separate 2,400-square-foot building, currently leased as a mechanic shop on a month-to-month basis, provides additional income potential. The property includes three loading docks and two large bay doors. Built in 2010, this property is zoned for multi-use, offering flexibility for a variety of businesses. The asking price is $450,000, representing a 10% cap rate. This property presents a compelling investment opportunity in a rapidly growing area, just 30 minutes from Birmingham and 20 minutes from Jasper. The absence of zoning restrictions in Walker County, Alabama, further enhances its appeal.
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Scotsman Commercial Ice System HVAC Service General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
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