Entity Owned 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
Current use
Occupant on record · Public records
-
Building Supply
-
Production Facility Metal Fabrication Plant
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.89M
Blend (final)
Blend
$595k
Owner & transaction history
since 2014
2 recorded transactions
Zoning & alternative use
I1 · Irondale, AL
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$595k
Value range
$536k – $655k
±10% around blend
Estimated value / SF
$9 / SF
Confidence
Property data
100
Market benchmarks
100
Comparable evidence
60
$536k
blend $595k
$655k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
63,200 SF
Lot area
4.3 ac
Year built
1978
Stories
1
APN
23-00-24-4-001-002.001
Zoning
I1
Assessed value
$486,660
Annual tax
$22,360
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$1.89M
Range $1.65M – $7.41M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$595k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 23 sales
$64
-85%
Submarket 183 sales
$88
-89%
County 256 sales
$76
-88%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $9/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$487k
Move the market yield to see immediate price impact.
Value / SF
$8
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$31k
$613k
$438k
$341k
$34k
$681k
$487k
$379k
$37k
$749k
$535k
$416k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$22,360
Tax year 2022
Assessed value
$486,660
Assessed 2023
Previous assessed
$395,060
+23.2% YoY
Effective rate
4.59%
On assessed value
Assessed land
$91,395
Assessed improvement
$395,265
Land market value
$468,300
Improvement market value
$2,025,300
Total market value
$2,493,600
Applied tax rate
13.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Status
Off-Market
Year built
1978
Heating
SPACE
Stories
1
Bathrooms
1
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
Jurisdiction
JEFFERSON
Zoning & alternative use
I1 · Irondale, ALZoning I1 · permitted uses
I1 · Irondale, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1978
Heating
SPACE
Stories
1
Bathrooms
1
Lot
4.3 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
I1
Jurisdiction
Irondale, AL
Recorded code
I1
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for I1 in Irondale, AL.
What opens after registration
Zoning profile
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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