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20,000 SF Industrial Building on 1.58 Acres 40 Commerce Dr 19,768 SF 100% Leased Flex Building Pelham, AL 35124 $1,800,000 ($91.06/SF)



Executive Summary
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
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
Property Facts
| Price | $1,800,000 | Rentable Building Area | 19,768 SF |
| Price Per SF | $91.06 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1998 |
| Property Type | Flex | Parking Ratio | 3.56/1,000 SF |
| Property Subtype | Showroom | Clear Ceiling Height | 22’ |
| Building Class | B | No. Drive In / Grade-Level Doors | 8 |
| Lot Size | 1.58 AC | ||
| Zoning | M-1 | ||
| Price | $1,800,000 |
| Price Per SF | $91.06 |
| Sale Type | Investment |
| Property Type | Flex |
| Property Subtype | Showroom |
| Building Class | B |
| Lot Size | 1.58 AC |
| Rentable Building Area | 19,768 SF |
| No. Stories | 1 |
| Year Built | 1998 |
| Parking Ratio | 3.56/1,000 SF |
| Clear Ceiling Height | 22’ |
| No. Drive In / Grade-Level Doors | 8 |
| Zoning | M-1 |
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Property Taxes
| Parcel Number | 13-6-13-4-002-006-014 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $140,160 |
Property Taxes
Parcel Number
13-6-13-4-002-006-014
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$140,160
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20,000 SF Industrial Building on 1.58 Acres | 40 Commerce Dr
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