Cold Storage Distribution Warehouse 2000 3rd Ave N 57,000 SF Industrial Building Bessemer, AL 35020 $1,750,000 ($30.70/SF) 9.77% Cap Rate

Marcus & Millichap is pleased to present the opportunity to acquire the property located at 2000 3rd Avenue North in Bessemer, Alabama. Formerly the R.L. Zeigler meat processing plant, the property is ideal for a variety of cold storage, warehouse, and distribution uses.
The subject property consists of approximately 57,000 square feet of space and is situated on 2.21 acres of land. This asset features 10,000 square feet of freezer and cooler space, masonry construction, max clear height of 22’, dock-high and rail loading, motion sensor LEDs throughout, three-phase heavy power and 1+ acre of flat lay-down space. The active CSX railroad borders the entire north side of the property that features two rail doors steps from the tracks. Located less than a mile from Interstate 20, the property is 15 miles SE of Downtown Birmingham, 20 miles from Shuttlesworth International Airport and 180 miles west of Atlanta.
The Birmingham MSA continues to show strong momentum. Vacancy remains low, particularly for small to mid-sized industrial properties. Bessemer is a business-friendly municipality that actively encourages industrial development through tax incentives, workforce development grants, and infrastructure improvements. Both the city of Bessemer and Jefferson County have taken a proactive approach to job creation and economic growth. Additionally, the property is located within a federally designated Opportunity Zone, allowing investors the potential for capital gains deferral and long-term tax benefits.