5240 Willis Rd Theodore, AL 36582-1703
This exceptional industrial property in Theodore, Alabama, offers 196,906 square feet of distribution and manufacturing space across two buildings on a 9.2-acre lot. Built in 2002 and 2022, the property boasts a strategic location along I-10, just 12 miles from a major deep-water port, providing unparalleled access to Eastern, Central, and Gulf Coast states. The buildings feature high-quality construction, including a 24-gauge standing seam metal roof, 7-inch thick warehouse floors reinforced with rebar and metal shavings, and high-volume ceiling fans. Security features include a fully fenced perimeter with electronic gate access and a state-of-the-art security system, designed to withstand 158 mph winds. The property includes 19 dock-high doors, all equipped with levelers and tubular trailer guides. One building offers a unique covered staging/loading area with a 25-foot-wide concrete ramp and a large electrically operated roll-up door. The asking price is $15,900,000, and the current owner is open to a short-term sale/leaseback arrangement. Ceiling heights range from 27 to 29 feet. This is a rare opportunity to acquire a high-quality, strategically located industrial property with significant potential for growth and return on investment.
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
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Property description
Physical attributes from public recordsZoning & alternative use
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.