616 33Rd Pl Birmingham, AL 35222
- Manufacturing properties
- 11,416 SF
- 3.13 lot acres
Current Use by Public Records
- Manufacturing properties
Property Details for 616 33Rd Pl
- Year built
- 1973
- Lot size
- 3.13 lot acres
- Property size
- 11,416 SF
- Zone code
- M2
- Property type
- Manufacturing properties
- APN
- 23-00-30-2-007-001.000
- APU
- 2300302007001000
Description
This exceptional 82,000-square-foot industrial property, located at 616 33rd Pl N in Birmingham, Alabama, presents a compelling investment opportunity. Built in 1973 and extensively renovated in 2020, the warehouse boasts a versatile layout ideal for manufacturing or warehousing operations. The property sits on a 3.75-acre lot and is conveniently served by CSX Railroad, offering efficient transportation solutions. The building features a high ceiling ranging from 20 to 40 feet, providing ample vertical space. Access is facilitated by 15 dock-high doors (4 dock doors and 11 drive-in doors), ensuring smooth loading and unloading. Ample parking is available with 40 spaces (0.57 spaces per 1,000 square feet). The property is fully fenced, enhancing security. The roof was replaced between 2016 and 2020. The property is zoned M2 by the City of Birmingham. Priced at $1,495,000 ($18.23 per square foot), this property offers significant potential for a variety of industrial uses. Its strategic location, excellent infrastructure, and recent renovations make it a highly attractive investment. The property's size, rail access, and ample parking make it a rare find in the Birmingham market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,925,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,635,000
- 6.5%
- $2,325,000
- 7%
- $2,505,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,660,000
- Geo Method
- $2,280,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,690,000
- Retail
- $2,190,000
- Mixed-Use
- $2,615,000
- Hospitality
- $2,840,000
- Educational
- $2,655,000
- Residential Income
- $2,315,000
- Energy
- $2,260,000
- Income-Based Land
- $2,265,000
- Food Service
- $2,605,000
Location Insight
- Map
- Local Demand
- City
- Birmingham
- County
- Jefferson
- State
- Alabama
- Longitude
- -86.7903
- Latitude
- 33.5294
- CBSA code
- 13820
- CBSA name
- BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA