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Historic Downtown Eastlake Multi-Use Lots
For Sale
$125,000

1 OPORTO MADRID BOULEVARD N #1, Birmingham, AL 35206

Three lots in historic Eastlake, ideal for mixed-use development.

Property SizeContact for details
Lot Size0.29 Acres
Days on Market365

Property Features for 1 OPORTO MADRID BOULEVARD N #1

General Information

Standard status Active
Lot size 0.29 Acres
Property subtype Unimproved Land

Amenities

Cable Ready
Onsite: Cable Onsite, Electricity, Gas, Phone, Sewer, Water, Available: Cable Available, Electricity, Gas, Phone, Sewer, Water
Listing Agency: Keller Williams Realty Homewood
Listed By: Jason Koenig · License #79766
Source: Kw
Added: Sep 11, 2025 Changed: Sep 8 Last Checked: Sep 9 at 8:31PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Homewood

Investment Insights

Based on property information with market context.

Located in Eastlake’s historic district, this property features three multi-use lots, presenting an excellent opportunity for development. The lots are suitable for retail, mixed-use, or residential projects. The location offers proximity to local shops and restaurants, and it is just minutes from downtown Birmingham. The property benefits from strong visibility on a corner lot, a walkable neighborhood, and convenient access to major highways I-20 and I-59. The total area of the bundled lots is 0.293 acres.

Key Highlights

  • Three multi‑use lots totaling .293 acres in Historic Downtown Eastlake.
  • Ideal for development: retail, mixed‑use, or residential projects.
  • Prime location near local shops and restaurants.

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Kitchen & Bath Showroom Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

397
Businesses Nearby

Demographics for 35206, AL

15,648
Population
7,967
Households
2
Avg Household Size
40
Median Age
19%
College-Educated
87%
High-School Grad
10.1 sq mi
ZIP Area
1,549
Density / Sq Mi
$39,051
Median Household Income
$28,665
Median Earnings
$990
Median Rent
$122,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Three lots in historic Eastlake, ideal for mixed-use development.
Where is this commercial land located?
The property is located at 1 OPORTO MADRID BOULEVARD N #1 Birmingham, AL.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Three multi‑use lots totaling .293 acres in Historic Downtown Eastlake.; Ideal for development: retail, mixed‑use, or residential projects.; Prime location near local shops and restaurants.
More about this property
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