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3518 Industrial Pkwy Birmingham, AL 35217

Office Spaces Google Maps
4,378 SF 8.1 ac lot Built 1964
Entity Owned Absentee Owner ~ Est. High Equity
Estimated value (blended)
$310k
Range $279k – $341k (±10%)
Property ID US03-0341800

Property summary

AI-generated overview

This exceptional 25,397-square-foot industrial distribution center, located at 3518 Industrial Parkway in Birmingham, Alabama, presents a compelling investment opportunity. Built in 1963 and boasting a Class C designation, this property sits on a generous 8.2-acre lot and is zoned I4, perfectly suited for logistics and transportation businesses. The warehouse features a substantial 50 loading docks, all with dock-high doors, ensuring efficient and high-volume operations. The ceiling height measures 14 feet, providing ample vertical space for storage and maneuvering. Its prime location in Jefferson County, Alabama, zip code 35217, offers excellent access to major transportation routes, making it an ideal hub for distribution and warehousing needs. This expansive facility provides unparalleled potential for companies seeking to establish or expand their operations in the Birmingham area. The property's size and features make it a highly desirable asset for businesses requiring significant warehouse space and efficient loading capabilities. This is a rare opportunity to acquire a well-established industrial property in a thriving market.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1964
Total area 4,378 SF
Lot 8.1 ac (352,836 SF)
Zoning code I4
APN 13-00-33-2-000-003.000
UPID US03-0341800

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$780k
Comparable Approach Comparable
$1.03M
Blend (final) Blend
$310k

Owner & transaction history

2 recorded transactions
1969
Price N/A
1969
Price N/A

Zoning & alternative use

I4 · Birmingham, AL
Zoning description

Neighborhood Commercial District C-2 - General Commercial District 5. Manufacturing and Industrial Districts: I-1 - Light Manufacturing District I-2 - Heavy Industrial District I-3 - Planned Manufacturing District I-4 -…

General category INDUSTRIAL
Top alternative use upside
Neighborhood: shopping center $1.2M +99.9%
Medical building $780,000 +31.6%
Office building $730,000 +23.6%

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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