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31089283
31089285

12574 Co Rd 87, Elberta, AL 36530

CH
AL AL 118007, FL FL SL3470016
Portside Realty
Listed by Portside Realty
$2,480,000
79 days on market
Updated 19 days ago

CR 87 Industrial Subdivision

Details
APN 53-08-28-0-000-004.002
Property Type Industrial, Land (+1)
Sub Type Flex, Manufacturing (+1)
Square Footage 12,000
Net Rentable (SqFt) 10,275
Units 2
Tenancy Multi
Lease Type Gross
Price per SqFt $207
Broker Co-Op Yes
Class B
Year Built 2015
Year Renovated 2015
Buildings 3
Stories 2
Acreage 39.000
Zoning M1
Ceiling Height 24
Loading Docks 8
Dock High Doors 8
Ownership FULL
Sale Condition For sale by owner

Industrial | 12,000 SqFt

Marketing description

DISCOVER an exceptional opportunity with this expansive 39-acre property, strategically zoned as M1 for light industrial use. Ideally suited for a variety of industrial and commercial applications, this property is equipped with two robust metal shops and a versatile modular office, providing immediate functionality for your business operations.

The land is thoughtfully divided into five distinct lots, offering flexibility for development or investment. Each lot can be tailored to meet specific business needs, whether for manufacturing, warehousing, distribution, or other light industrial activities. The seller is open to discussing the sale of individual lots at competitive pricing, presenting a unique opportunity to customize your investment. This property not only promises ample space for expansion but also strategic advantages in terms of location and infrastructure.

Explore the potential of this prime industrial site, perfect for both established enterprises and innovative startups seeking a dynamic new home. Please see attached documents for more information. Buyer to verify all information during due diligence.

Investment highlights

Prime Real Estate Offering

Size & Scope
Expansive 39-acre property, strategically positioned to capitalize on the growing demand for industrial spaces.

Current Income Generation
Established Revenue Two metal shops and one currently generate approximately $100,000 in annual rental income, providing immediate cash flow to investors.

Development Potential
Expansion Opportunities**: Significant acreage available for development, offering the potential to build additional light industrial spaces. This flexibility allows for increased rental income or personal business use.

Scalability
The property is well-suited for expansion to meet future market demands, enhancing its long-term value.

Strategic Pricing
Competitive Price: Priced at $2,480,000, this property represents a compelling investment opportunity given its existing income and developmental prospects.

Versatile Investment
Diverse Usage Options: Ideal for investors seeking to expand their portfolio with income-generating assets, or for businesses looking to establish a presence in a versatile industrial hub.

Location Advantage
Accessibility: Easy access to major transportation routes enhances the appeal for tenants and future developments.

This property offers a rare combination of immediate income and long-term growth potential, making it an attractive option for savvy investors looking to capitalize on the industrial real estate market.

Listing Contacts

CH
AL AL 118007, FL FL SL3470016
Portside Realty
Listed by Portside Realty

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Additional Information

Name
Cynthia Hughes, REALTOR®
License
AL 118007
Brokerage
Portside Realty
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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