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For Sale New! AL Industrial Site 35k SF 125 Thomas Dr 35,000 SF Industrial Building Gadsden, AL 35904 $1,700,000 ($48.57/SF)

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INVESTMENT HIGHLIGHTS

  • Asking Price: $1,700,000
  • Location: ±1 mile apart from sister site (1109 Airport Industrial Dr) – ideal for one larger company or separate operations
  • Vacancy Rate: 3.3% & 12.6% annual rent growth
  • Below Replacement Cost NOW @ $48/SF
  • Features: Ample space for expansion & heavy machinery electrical capacity in place
  • Valuable in-place cranes and loading areas; potential short-term sale-leaseback

EXECUTIVE SUMMARY

Asking Price: $1,700,000
Below Replacement Cost NOW @ $48/SF
Lot Size: ±35,000 square feet | ±4.94 acres
Year Built: 1992
Location: ±1 mile apart from sister site (1109 Airport Industrial Dr) – ideal for one larger company or separate operations
Features: Ample space for expansion & heavy machinery electrical capacity in place
Vacancy Rate: 3.3% & 12.6% annual rent growth
Additional Benefits: Valuable in-place cranes and loading areas; potential short-term sale-leaseback
Strategic Location: 1 hour from Birmingham MSA & 2 hours from Atlanta MSA, superior access by I-759 & I-59
Market: Top-10 affordable US housing market with limited CRE inventory for sale

Thank you for your interest in DWG Capital Group’s exclusive industrial listing, led by Principal Judd Dunning (formerly with Newmark ARA). We are pleased to offer a unique investment opportunity located at 125 Thomas Drive, Gadsden, AL. Available for just $48/SF, totaling $1,700,000, presenting exceptional value well below replacement cost.

Location: Located in Gadsden, AL, this property offers excellent access to major highways I-759 and I-59, just one hour from Birmingham and two hours from Atlanta. This opportunity is ideal for businesses needing efficient transportation and logistics solutions or investors seeking to re-tenant and generate cash flow.

The Property: (Make Best Offer) This industrial property in Gadsden, AL. Building 1, at 125 Thomas Dr, provides a spacious 35,000 square feet on a 4.94-acre lot. Constructed in 1992, this well-maintained property is listed at $1,700,000.

The Region: Nearby Birmingham, one of the nation’s Top-10 affordable housing markets remains a highly-functional and favorable environment. Driven by increasing demand from logistics providers and a growing manufacturing landscape, the market is thriving. The city's vacancy rate maintains a historically low level of approximately 3.3%, allowing property owners to capitalize on rising prices. Rents have experienced a remarkable year-over-year growth rate of around 12.6%.

For New Tenancy: The property in this portfolio is ready for immediate move-in, offering convenience and flexibility for potential tenants and buyers. The seller is willing to consider a short-term leaseback arrangement, if needed, to accommodate new tenants after closing.

DWG Capital Group
Phone: 972.738.8586
Phone: 310.261.8428
Email: jdunning@dwg-re.com

Our team looks forward to your continued business in 2025.

Specializing in:
Multifamily | Development | Industrial | Office | Retail | Debt & Equity

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $1,700,000
Price Per SF $48.57
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Manufacturing
Building Class B
Lot Size 4.94 AC
Rentable Building Area 35,000 SF
No. Stories 1
Year Built 1992
Tenancy Single
Parking Ratio 1.43/1,000 SF
Clear Ceiling Height 30’
No. Dock-High Doors/Loading 2
Zoning LI - Light Industrial

AMENITIES

  • Skylights

UTILITIES

  • Gas
  • Water - City
  • Sewer - City
  • Heating - Gas

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 16-06-13-0-001-002.013
  • 16-06-13-0-001-002.026
  • 16-06-13-0-001-002.011
Land Assessment
$49,400
Improvements Assessment
$141,820
Total Assessment
$191,220
  • Listing ID: 32559205

  • Date on Market: 7/23/2024

  • Last Updated:

  • Address: 125 Thomas Dr, Gadsden, AL 35904

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