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Property profile & analytics
OFF-MARKET Estimated value $1,840,000
Retail properties & Spaces

511 Vulcan Dr Irondale, AL 35210-1225

63,200 SF 4.3 ac lot Built 1978
Entity Owned 11-yr Hold ~ Est. High Equity
Property ID
US03-0674675
Property summary
AI-generated overview

This exceptional Class A industrial warehouse, located at 511 Vulcan Drive in Irondale, Alabama, presents a rare investment opportunity. Boasting a substantial 166,618 square feet of space, this multi-tenant property sits on a generous 7-acre lot. The building includes approximately 4,300 square feet of office space, catering to diverse operational needs. Currently, a short-term lease with a national credit tenant is in place, offering immediate income potential and flexibility for future occupancy. Investors and owner-users alike will appreciate the potential for single or multi-tenant configurations. This large-scale industrial asset is situated in the highly desirable Irondale market, providing excellent access to Birmingham's city center and major interstate highways, ensuring seamless logistics and distribution. The asking price for this prime property is $7,014,000. The property's location within Jefferson County, Alabama, zip code 35210, offers a strategic advantage for businesses seeking efficient transportation and a strong workforce. This is a unique opportunity to acquire a significant industrial property in a thriving market.

Property profile
Verified
Property type Retail properties & Spaces
Use group SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built 1978
Total area 63,200 SF
Lot 4.3 ac (187,308 SF)
Zoning code I1
APN 23-00-24-4-001-002.001
UPID US03-0674675
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.89M
Blend (final) Blend
$1.84M
Owner & transaction history
Shea Brothers LLC · 11 yrs held
Shea Brothers LLC
since 2014
2 recorded transactions
2014
$1.2M
1969
Price N/A
Zoning & alternative use
I1 · Irondale, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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