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Property profile & analytics
OFF-MARKET Estimated value $5,505,000
Warehouses

300 Industrial Dr Birmingham, AL 35211-4443

67,200 SF 1.91 ac lot Built 1985
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US03-0906619
Property summary
AI-generated overview

This exceptional 81,840-square-foot industrial facility in Jefferson County offers a substantial 81,470-square-foot sublease opportunity. Situated on 6.52 acres, this freestanding building boasts a prime location in the thriving Oxmoor market. The property features a 5,000-square-foot office area, a 4,200-square-foot freezer/cooler space (including a -10° freezer and a 36° cooler), and ample warehouse space. A separate 2,560-square-foot drive-in shop adds further versatility. The warehouse benefits from 22' to 28' ceiling heights, nine dock-high doors, and four drive-in doors, ensuring efficient loading and unloading. The property also includes a 480/277 3-phase electrical system, a main transformer, T-5 fluorescent lighting with motion sensors, and wet and dry sprinkler systems throughout. The expansive paved and gravel lot provides ample space for outside storage and employee parking. The zoning is I-3, Light Industrial. Lease term expires December 31, 2029. Column spacing is 20' x 60'. This is an ideal space for businesses requiring significant storage, distribution, and office capabilities. Don't miss this chance to secure a substantial footprint in a highly desirable location.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1985
Total area 67,200 SF
Lot 1.91 ac (83,156 SF)
Zoning code I3
APN 29-00-28-1-000-002.000
UPID US03-0906619
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • City Wholesale Grocery Co Inc. Distribution Center Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$5.77M
Comparable Approach Comparable
$5.25M
Blend (final) Blend
$5.51M
Owner & transaction history
Scye-city LLC · 6 yrs held
Scye-city LLC
since 2019
Last sale
$5.5M
3 recorded transactions
2019
$3.9M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
I3 · Birmingham, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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