Property profile

2850 Hamilton Blvd Theodore, AL 36582

OFF-MARKET
Manufacturing properties
Property ID
US03-0527610
51,000 SF 9.4 ac lot Built 2003
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional industrial property, located on Hamilton Blvd, offers a substantial 50,000 square foot building ideally suited for manufacturing, warehousing, or distribution operations. The single-tenant occupancy provides a unique opportunity for a business seeking ample space and control. The property boasts approximately 10 acres of fenced land, providing extensive lay-down yard space for equipment storage or material handling. This expansive outdoor area adds significant value for businesses requiring substantial outdoor operational space. The building's interior is adaptable and the landlord is willing to build-to-suit office space within the warehouse to meet specific tenant requirements. The strategic location offers convenient access to major transportation arteries, with close proximity to Rangeline Road and Interstate 10, ensuring efficient logistics and streamlined transportation for goods and materials. This property presents a rare combination of size, functionality, and location, making it an attractive investment for businesses seeking a significant footprint in a prime industrial area. The combination of indoor and outdoor space makes this a versatile option for a variety of industrial uses. The build-to-suit office option provides flexibility for tenants to customize their workspace to meet their specific needs. The convenient location near major roadways ensures easy access for employees and efficient transportation of goods.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 2003
Total area 51,000 SF
Lot 9.4 ac (409,464 SF)
APN 39 02 01 0 007 005.XXX
UPID US03-0527610

Cap rate & NOI

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

Location

2850 Hamilton Blvd Theodore, AL 36582-9359
Theodore metro Census 7000 MOBILE, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.88M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.73M

Owner & transaction history

since 2024
Last sale
$2.2M
2 recorded transactions
2024
$2.2M
2022
$1.8M

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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