111 Applegate Ct Pelham, AL 35124-2943
This exceptional 5,300-square-foot warehouse, located at 111 Applegate Ct in Pelham, Alabama, presents a fantastic leasing opportunity. Built in 2000, the property boasts a single-tenant occupancy, offering complete control and flexibility to the lessee. The entire 5,300 square feet is currently vacant and ready for immediate occupancy. The building is zoned M-1 Light Industrial, making it suitable for a variety of industrial uses. Its convenient Pelham location, with zip code 35124, offers easy access to major transportation routes, enhancing logistical efficiency for any business. The property's modern design and ample space provide an excellent environment for operations, storage, or manufacturing. This is a rare opportunity to secure a fully vacant, well-maintained warehouse in a desirable location. The property's single-tenant status ensures privacy and control, while its size is perfect for businesses seeking efficient and functional space. Interested parties are encouraged to inquire promptly to secure this exceptional property.
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Donovan Builders LLC Construction Company
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.