Technical
Financial
Distress signals
Property profile

1570 Parker Ln Enterprise, AL 36330

FOR LEASE
Flex space
Property ID
US03-0695134
24,000 SF 4.53 ac lot Built 1979
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This newly renovated 24,000-square-foot warehouse, located at 1570 Parker Ln, Enterprise, AL, presents a significant opportunity. Situated on a 2.3-acre lot at the corner of US Hwy-84 and N. Industrial Park Road, this single-story building boasts excellent visibility and accessibility. The property features a 23-foot clear ceiling height, 30 parking spaces, and one drive-in door. Recent renovations include a new 24-gauge metal siding, metal roof, LED lighting, and a repaved parking lot with a new drive-in ramp. Five new 14' x 14' automatic roll-up doors enhance functionality. The building's history in transport logistics is reflected in its existing overhead hoist tracks and rail crane system, ideal for heavy-duty operations. Three-phase power (240V, 1600 amps) is available. The M-2 zoning allows for diverse uses. Adjacent WGCR/G&W rail service provides added logistical advantages. The property's location offers easy access to AL-167 via N. Industrial Park Road, placing it conveniently between U-Haul and UPS, and across from a potential new manufacturing plant site. Office space can be customized to tenant specifications. The property's APN is 19 16 03 05 3 000 008.006. This is a prime location for businesses seeking efficient warehouse and distribution space with excellent infrastructure and accessibility. Built in 1979 and extensively renovated in 2024, this property offers a blend of established infrastructure and modern upgrades.

Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1979
Total area 24,000 SF
Lot 4.53 ac (197,293 SF)
APN 1603053000008006
UPID US03-0695134

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1570 Parker Ln Enterprise, AL 36330
Enterprise metro Census 11203 ENTERPRISE-OZARK, AL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.10M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.10M

Owner & transaction history

since 2024
Last sale
$1.1M
2 recorded transactions
2024
$1.1M
2022
Price N/A

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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