100 Airpark Industrial RdAlabaster, AL 35007

  • Office buildings
  • 9,080 SF
For Lease
$6.75/SF/YR View listing

Property Details for 100 Airpark Industrial Rd

Year built
1998
Lot size
2.41 AC
Property size (Sq ft)
9,080 SF
Property type
Office buildings
APN
224190000001027
APU
224190000001027

Description

This exceptional industrial property in Alabaster, Alabama, offers a total of 87,000 square feet across three buildings, with five available suites ranging from 2,000 to 40,500 contiguous square feet. The property is classified as Class B and features a mix of manufacturing, distribution, and warehouse space, ideal for a variety of businesses. The layout includes one dock-high door and seven drive-in doors, providing ample loading and unloading capabilities. The building boasts a 21-foot clear high point and a 17-foot clear low point, offering generous vertical space. Multiple yard spaces are also available. Strategically located at 100 Airpark Industrial Rd, Alabaster, AL 35007, this property enjoys convenient access to major roadways, including I-65 (Exit 234, 1.5 miles away) and US Hwy 31 (0.3 miles away). Its proximity to Shelby County Airport further enhances its logistical advantages. The surrounding area offers a vibrant business community and is close to amenities such as Veterans Park and Colonial Promenade Alabaster, providing a desirable location for employees and clients alike. The property is zoned L1 and is move-in ready, offering immediate occupancy for businesses seeking a flexible and functional industrial space. This is a rare opportunity to secure a well-located, versatile industrial property in a thriving Alabama market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,920,460
    6.5%
    $1,772,732
    7%
    $1,646,108
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,479,041
    Geo Method
    $1,771,145
  • Alternative Use

    Use
    Valuation
    Residential
    $2,198,188
    Hospitality
    $2,013,528
    Educational
    $1,675,232
    Medical
    $1,732,846
    Retail
    $2,605,916
100 Airpark Industrial Rd, Alabaster, Alabama

Location Insight

City
Alabaster
County
Shelby
State
Alabama
Latitude
33.1993
Longitude
-86.7867
CBSA code
13820
CBSA name
BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,411
-
-
$118,720
-
$90,840
$502,710
$593,550

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