108 Bama Ln - Warehouse FOR SALE


Clanton, AL 35045
$1,190,000 USD
678-808-2804
108 Bama Ln, Clanton, AL for Sale
$1,190,000 USD
Warehouse - FOR SALE
1/6
null | Request Cap Rate

108 Bama Ln
Clanton, AL 35045


HIGHLIGHTS

  • Seller Prefers to Lease-Back Roughly 3,000 SF of the Building (Contact Broker for More Info)
  • Prime Investment Opportunity with Significant Value-Add Potential in the Birmingham MSA
  • Excess Land for Potential IOS or Expansion | Offered Below Replacement Cost
  • Significant Value-Add Opportunity by Filling Vacancy or Ideal for an Owner User
  • Owner Open to Short-Term Sale Leaseback Negotiations
  • Two Buildings Totaling 14,000 SF on 6.14 AC | 1 Dock Door & 8 Drive-In/Roll-up Doors

OVERVIEW

The AP Group of Marcus & Millichap is pleased to present the opportunity to acquire fee simple interest in the value-add industrial property located at 108 Bama Ln, Clanton, Alabama. The industrial buildings total 14,000 square-feet, and rests on 6.14 acres of land with M2 zoning. The subject property features one dock door, eight drive-in/roll up doors,, and prime excess industrial land suitable for expansion or IOS. Offered well-below replacement cost, the property offers significant value-add opportunity through filling vacancy or is an ideal space for an owner user. Located in an industrial corridor, the subject property is well positioned in proximity to Interstate-65, Birmingham, and Montgomery. The Birmingham-Hoover metro contains a population of roughly 1.2 million residents in north central Alabama. The metro is composed of Jefferson, Bibb, Shelby, Blount, Chilton, Walker and St. Clair counties. The most populous city is Birmingham, with more than 200,000 people, followed by Hoover and Vestavia Hills with 93,100 and 37,900 residents, respectively. Population growth is expanding outward from the city along the interstate system into next-ring cities like Alabaster.

FOR SALE DETAILS

PRICE

$1,190,000 USD

PRICE/SF

$108 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Production and Warehouse space - Clanton

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

UTILITIES

Lighting, Water, Sewer, Heating

CLEAR CEILING HT

14 Ft

DOCKS

1

DRIVE INS

8

PARKING SPACES

-

LAND DETAILS

LAND ACRES

6.14

LAND SF

267,458

ZONING

M2

APN/PARCEL ID

1105160000015002

ASK ABOUT THIS PROPERTY

Ani PaulsonMarcus & MillichapMore Info
678-808-2804

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Ani PaulsonMarcus & MillichapMore Info
678-808-2804

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.