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Property profile & analytics
OFF-MARKET
Warehouses

37017 Al-79 Cleveland, AL 35049

18,500 SF 1.17 ac lot Built 33
Property ID
Property summary
AI-generated overview

This exceptional mixed-use property in Cleveland, Alabama, offers 18,500 square feet of warehouse space, complemented by a 1,500 square foot, two-bedroom, one-bathroom apartment. Ideal for owner-users seeking both business and residential space, the property boasts five dock-high doors, three-phase 220v power, air lines throughout, a powder coat booth, and a powder coat oven. The 1.17-acre lot includes a gated rear parking lot with 15 spaces. Built in 1989 and renovated in 2022, this two-story structure is zoned without restrictions, presenting significant flexibility for various business ventures. High traffic counts (11,500 vehicles daily) on AL-79 ensure excellent visibility and accessibility. The interconnected buildings offer potential for multiple tenants or individual leasing opportunities. The asking price is $499,000, translating to $26.97 per square foot. This property presents a unique opportunity to combine business operations with convenient on-site living, maximizing efficiency and minimizing commute times. The property's features and location make it an attractive investment for a wide range of businesses.

Property profile
Verified
Property type Warehouses
Year built 33
Total area 18,500 SF
Lot 1.17 ac (50,965 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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