1403 3rd SE Ave Cullman, AL 35055-5314
This exceptional investment opportunity presents a 20,000 square foot industrial warehouse located at 1403 3rd Ave SE, Cullman, Alabama, 35055. Currently operating under a single tenancy lease, this property offers a strong, stable income stream. The asking price is $799,000. Significant improvements have been recently completed, enhancing both the property's value and its operational efficiency. These upgrades include a new roof, a modernized sprinkler system, updated HVAC systems, and improved insulation, minimizing operational costs and maximizing energy efficiency. Situated within the city limits of Cullman, this warehouse benefits from convenient access to major transportation routes and a thriving local economy. The property's substantial size and prime location make it an attractive asset for investors seeking a reliable and profitable addition to their portfolio. The fully leased status minimizes vacancy risk and provides immediate cash flow. This is a turnkey investment ready to generate returns. Detailed financial information is available upon request. Don't miss this chance to acquire a high-quality, income-producing industrial warehouse in a desirable location.
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Willoughby Roofing & Sheet Metal, Inc Production Facility Metal Fabrication Plant
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Britton Welding & Repair LLC General Contractor
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.