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Property profile & analytics
FOR SALE
Manufacturing properties

520 Comer St Alexander City, AL 35010

47,209 SF 14 ac lot Built 1920
Entity Owned Absentee Owner Free & Clear
Property ID
US03-2608611
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1920
Total area 47,209 SF
Lot 14 ac (609,840 SF)
APN 62 05 08 34 1 102 035.000
UPID US03-2608611
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
$805k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.41M
Blend (final) Blend
$1.11M
Owner & transaction history
PARKDALE MILLS INCORPORATED
PARKDALE MILLS INCORPORATED
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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