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Vacant-User

Value-Add Industrial | Birmingham MSA | 6.14 AC

108 Bama Ln, Clanton, AL 35045

Listing Price: $1,190,000

Gross SF
14,000
Price/Gross SF
$85.00
Lot Size
6.14 acres
Year Built
1995
Rentable SF
14,000

Investment Overview

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.

Investment 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
  • M2 Zoning | Located in an Industrial Corridor | 3 Miles from Interstate-65 | 50 Miles from Birmingham and 40 Miles from Montgomery

Broker of Record

  • Eddie Greenhalgh

    Senior Vice President Investments

    (205) 510-9200

    License(s) AL: 0000882980

    Alabama

Vacant-User

Value-Add Industrial | Birmingham MSA | 6.14 AC

Listing Price: $1,190,000

Gross SF
14,000
Price/Gross SF
$85.00
Lot Size
6.14 acres
Year Built
1995
Rentable SF
14,000

Investment 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
  • M2 Zoning | Located in an Industrial Corridor | 3 Miles from Interstate-65 | 50 Miles from Birmingham and 40 Miles from Montgomery

Investment Overview

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.

Broker of Record

  • Eddie Greenhalgh

    Senior Vice President Investments

    (205) 510-9200

    License(s): AL: 0000882980

    Alabama

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