Technical
Financial
Distress signals
Property profile

2601 Commerce Blvd Irondale, AL 35210

OFF-MARKET
Warehouses
Property ID
US03-0908062
27,249 SF 2.73 ac lot Built 1968
Entity Owned 10-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 49,000-square-foot distribution warehouse in Irondale, Alabama, is ideally suited for owner-users seeking a strategic location and robust infrastructure. Situated on a 2.86-acre lot zoned I-1, the property boasts eight loading docks and eight dock-high doors, ensuring efficient handling of goods. Ceiling heights range from 16 to 32 feet, providing ample vertical space for storage and operations. The building features a recently renovated 5,000-square-foot office area, perfect for administrative functions. Adding to its versatility, the property includes two separate storage sheds totaling 3,900 square feet, offering additional storage capacity. The entire yard is paved with asphalt, providing ample space for maneuvering and outdoor storage. A significant advantage is the on-site active Norfolk Southern rail line, with seven railcar spots directly serving the building, providing efficient and cost-effective transportation options. The property's occupancy date is June 2, 2024. This turnkey solution combines prime location, substantial space, and excellent rail access, making it an exceptional opportunity for businesses seeking a high-performing distribution facility. The address is 2601 Commerce Blvd, Irondale, AL 35210, Jefferson County.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1968
Total area 27,249 SF
Lot 2.73 ac (119,006 SF)
Zoning code I1
APN 23-00-24-1-003-004.000
UPID US03-0908062

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Industrial Manufacturer Production Facility

Location

2601 Commerce Blvd Irondale, AL 35210-1211
Irondale metro Census 12602 BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.31M
Blend (final) Blend
$450k

Owner & transaction history

since 2016
1 recorded transaction
2016
$1.5M

Zoning & alternative use

I1 · Irondale, AL

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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