www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
27426888
28738346

2000 3rd Ave N, Bessemer, AL 35020

BH
AL 000120340
Marcus & Millichap - Birmingham
Listed by Marcus & Millichap - Birmingham
$1,750,000
183 days on market
Updated 113 days ago
Opportunity zone

NNN Leased Warehouse | 9.77% Cap | Birmingham Metro

Details
Property Type Industrial
Sub Type Distribution, Refrigerated/Cold Storage (+1)
Square Footage 57,000
Cap Rate 9.77%
NOI $171,000
Occupancy 100%
Year Built 1948
Year Renovated 2005
Buildings 1
Acreage 2.210
Investment Type Sale/Leaseback
Ceiling Height 11'-22'
Dock High Doors 4
Sale Condition Sale for leaseback

57,000 SF | Rail Frontage | Cold Storage

Marketing description

Marcus & Millichap is pleased to present the opportunity to acquire the property located at 2000 3rd Avenue North in Bessemer, Alabama. 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. Formerly the R.L. Zeigler meat processing plant, the property is ideal for a variety of cold storage, warehouse, and distribution uses. Seller Will Sign Three (3) Year NNN Lease, $3/SF, with 3% increases at Closing.

Investment highlights

  • 57,000 SF Cold Storage Distribution Facility Situated on 2.21 Acres

  • Seller Will Sign Three (3) Year, NNN Lease at Closing with 3% Increases with (2), Three (3) Year Renewal options. Base Rent - $3/SF

  • Featuring New Ultra Thane Roof Coating (2025), Over 10,000 Square-Feet of Cold Storage, Heavy Power, and
    Automatic Motion Sensor LEDs Throughout (2023)

  • Proximity to I-20, with a 20 Minute Drive to Birmingham-Shuttlesworth International
    Airport (BHM)

  • Sub Five Percent Vacancy Rate in Industrial Submarket

Listing Contacts

BH
AL 000120340
Marcus & Millichap - Birmingham
Listed by Marcus & Millichap - Birmingham

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$171,000.00
$14,250.00/mo

Valuation Metrics

0
DSCR
9.77%
Cap Rate
9.77%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591