40 Commerce Dr - Showroom FOR SALE


Pelham, AL 35124
$1,800,000 USD
205-243-3434
40 Commerce Dr, Pelham, AL for Sale
$1,800,000 USD
Showroom - FOR SALE
1/10
null | Request Cap Rate

40 Commerce Dr
Pelham, AL 35124


OVERVIEW

Value Add opportunity in very desirable area. Fully leased at below market rates and short term leases. Current Gross Income of $132,060. Buyer can renew leases and/or take over some or all of the Property. 20,000 ± SF Building, built 1998 1.58 +,- acre lot 220 ft of highway frontage on Highway 33 250 ft of roadside frontage on Commerce Dr Corrugated Metal roof and walls with decorative brick façade. Exceptional Visibility and Access to Highway 31 and I-65 corridors Ideal for a variety of uses: light industrial, storage, office/warehouse. Zoned M-1, Light Industrial 2025 Property Taxes / Insurance: $7,791 / $3,941

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$91 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

20,000 SF Industrial Building on 1.58 Acres

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Showroom

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

UTILITIES

-

CLEAR CEILING HT

22 Ft

DOCKS

-

DRIVE INS

8

PARKING SPACES

32

LAND DETAILS

LAND ACRES

1.58

LAND SF

68,825

ZONING

M-1

APN/PARCEL ID

13-6-13-4-002-006-014

ASK ABOUT THIS PROPERTY

Mark DinanMark Dinan Commercial & Investment Real EstateMore Info
205-243-3434

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Mark DinanMark Dinan Commercial & Investment Real EstateMore Info
205-243-3434

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