Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Highway 280 Birmingham, AL 35242

    View on Map
    Sponsored
    For Sale
    $3,200,000

    Land - BIRMINGHAM, AL

    Lot size:
    7.50 Acres
    Days on Market:
    100
    Last Refresh:
    Mar 9 at 2:06 pm

    Property Features for Highway 280

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commerical
    Lot size
    7.50 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Brian Thomas

    RE/MAX Advantage (250) 979-9854

    Listing agent Brian Thomas (205) 991-1500

    Listing date Nov 29, 2025

    MLS# 21437891 Listing URL

    Copyright © 2026 Greater Alabama MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Prime Highway 280 Frontage Land

    This property features 7.5 acres of commercial land situated on Highway 280 frontage. The site has already been graded, and engineering work has been completed. It was previously being prepared for the construction of a shopping center.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Birmingham
    County
    Shelby
    State
    Alabama
    Longitude
    -86.6824
    Latitude
    33.4184

    Nearby Similar for Sale

    • $149,000
      6,050 SF

      Ensley District Commercial Building

      Commercial building in Birmingham's Ensley Social redevelopment zone.
      2901 Avenue E, Birmingham, AL 35218
      View Details
    • New
      $374,900
      0.80 Acres

      Church in Birmingham, Alabama

      Church property for sale in Birmingham, Alabama.
      2001 Avenue Z, Birmingham, AL 35208
      View Details
    • $1,299,000
      0.34 Acres

      Retail Plaza in Entertainment District

      Retail plaza in Birmingham's entertainment district, near major attractions.
      1219 Carraway Blvd, Birmingham, AL 35234
      View Details
    • Contact for pricing
      4,676 SF

      Commercial Building in Roebuck Birmingham

      Large commercial building with additional lot in Roebuck Birmingham.
      9009 Parkway East Dr East, Birmingham, AL 35206
      View Details
    • $159,000
      5,200 SF

      Commercial Building in Birmingham, AL

      Commercial building on a 1+/- acre lot, former restaurant.
      1037 3Rd Ave W, Birmingham, AL 35204
      View Details
    • New
      $195,000
      0.24 Acres

      BIRMINGHAM Mixed-Use Commercial Property

      Commercial property zoned B-2, great for business or development.
      4612 Avenue P, Birmingham, AL 35208
      View Details
    • Contact for pricing
      7,000 SF

      Versatile Mixed-Use Space in Birmingham

      Affordable venue/studio/office/retail space in Birmingham, AL.
      1612 3Rd Ave, Birmingham, AL 35203
      View Details
    • $850,000
      0.49 Acres

      High-Visibility Office Building For Sale

      Cash-flowing office asset near a bustling commercial corridor.
      524 Red Lane Rd, Birmingham, AL 35215
      View Details
    • $365,000
      0.38 Acres

      Restaurant Building For Sale

      Restaurant building with land and business for sale.
      96 NE 25Th Ave, Birmingham, AL 35215
      View Details
    • Contact for pricing
      0.54 Acres

      Office Suite with Private Parking

      Office space with private parking in a high-traffic area.
      9433 Parkway East Dr EAST, Birmingham, AL 35215
      View Details
    • $350,000
      0.67 Acres

      Retail Property Near Lawson College

      Retail property package deal near Lawson Community College in Birmingham.
      3000 33Rd St, Birmingham, AL 35211
      View Details
    • $299,000
      0.36 Acres

      Historic Birmingham Office Opportunity

      Landmark office building with historic charm, minutes from downtown.
      2805 Ensley Ave, Birmingham, AL 35218
      View Details

    FAQs

    What type of property is this?
    Land - 7.5 acres of commercial land on Highway 280.
    Where is this land located?
    The property is located at Highway 280 Birmingham, AL.
    What is the asking price?
    The asking price for this property is $3,200,000.
    What are key features of this property?
    This property features: - 7.5 acres of land; - Prime Highway 280 frontage; - Already graded, saving you time and resources
    (205) 369-2278
    Request Owner's contact information
    Highway 280 Birmingham, AL 35242
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Highway 280
    Birmingham, AL 35242
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Highway 280 Birmingham, AL 35242
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Brian Thomas
    Real Estate License ID: 86824
    (205) 369-2278 (205) 991-1500 (902) 679-0700
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!