520 Comer St Alexander City, AL 35010
For Sale
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This expansive 500,000-square-foot industrial distribution center, located at 520 Comer St, Alexander City, AL 35010-2791, presents a significant opportunity. The property comprises three buildings, each three stories high, offering flexible space options ranging from 20,000 to 166,667 contiguous square feet. Built in 1900 and extensively renovated in 2023, the Class C facility boasts impressive features including 18-25 foot ceiling heights, five loading docks, and ample parking for 75 vehicles. The property sits on 23.8 acres of land and is zoned LI, catering to a variety of industrial uses, from light to heavy manufacturing, cold storage, and more. The property's strategic location in the Auburn, AL / Birmingham, AL submarket provides excellent access to major transportation routes. Annual property taxes are $2.90 per square foot. The facility is served by 3-phase power. This versatile property is ideal for businesses seeking substantial space and modern amenities.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.