Map of Property

108 Cloverdale Drive

For Sale

108 Cloverdale Drive, Alabaster, AL 35007

This Alabaster property for sale is located at 108 Cloverdale Drive. The current listed sale price for 108 Cloverdale Drive is $900,000. 108 Cloverdale Drive is situated on a lot that is 0.5 acre in size.

Contacts

Bart Moore

Ironvest Partners

Property Details

  • Property Type Industrial - Flex - Industrial
  • Property Size 6,000 SF
  • Lot Size 0.5 Acre
  • Property Tenancy Single Tenant
  • Year Built 2006
  • Date Updated Oct 22, 2026
  • Dock High Doors 2
  • Grade Level Doors 1
  • Office Area 1,800 SF
  • HVAC None
Conveniently located in Alabaster, just 300 feet from Highway 31, situated in a popular industrial park with quick and convenient access to I-65.108 Cloverdale Drive presents an excellent investment opportunity in Alabaster, Alabama. This ±6,000 SF flex/warehouse property sits on approximately 0.5 acres and is 100% leased to Next Level AVL through October 2029, with 4% annual rent escalations. The building features 1,800 SF of office space, 4,200 SF of warehouse space, 19'5" clear heights, dock-high and drive-in access, and M-1 zoning. Offered at $900,000 with a 7% cap rate, the property provides investors with established rental income and annual rent growth.
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Highlights

  • 100% Leased Investment: Fully leased to Next Level AVL through October 31, 2029, providing established rental income.
  • Annual Rent Growth: Lease includes 4% annual rent escalations.
  • Flexible Industrial Zoning: M-1 zoning supports a variety of industrial and warehouse uses.
  • Functional Warehouse Features: 19'5" clear heights, two dock-high doors, drive-in access, and a sprinkler system.
  • Recently Renovated Offices: Office space updated in Q4 2025 with new flooring, lighting, paint, serviced HVAC, and a new water heater.
  • Strategic Industrial Location: Convenient access to I-65 and Highway 31 within Alabaster's established industrial corridor.
  • Versatile Flex/Warehouse Space: ±6,000 SF building featuring 1,800 SF of office space and 4,200 SF of warehouse space on approximately 0.5 acres.

Attachments

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  • 30/100

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Location

  • City Alabaster, AL
  • Zip Code 35007
  • Market Birmingham

Points of Interest

  • RaceTrac

    1.31 miles

  • BP

    2.32 miles

  • Murphy USA

    2.37 miles

  • Electrify America Alabaster

    2.39 miles

  • Chevron

    2.44 miles

  • Shell

    2.49 miles

  • Cannon

    2.68 miles

  • Warrior Express

    2.68 miles

  • Walmart

    2.82 miles

  • Wash It Off

    6.64 miles

  • Steak & Shake

    1.59 miles

  • O'Charley's

    1.71 miles

  • Panda Express

    1.73 miles

  • McDonald's

    1.79 miles

  • LongHorn Steakhouse

    1.86 miles

  • Arby's

    1.88 miles

  • Firehouse Subs

    1.95 miles

  • Honey Baked Ham

    1.96 miles

  • Panera Bread

    1.97 miles

  • Jim-n-Nick's BBQ

    1.97 miles

Contact Listing Broker
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