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    1523 4Th Ave Bessemer, AL 35020

    For Sale
    $345,000

    Two Lots, High-Growth Potential

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional commercial investment opportunity encompasses two adjacent parcels totaling 0.16 acres, strategically located at 1523 and 1531 4th Avenue North in Bessemer, Alabama. The combined properties present a unique chance for redevelopment or expansion, catering to a variety of commercial uses. The property's location within Bessemer offers access to a growing market and strong potential for future appreciation. The individual parcels, identified as 1523 4th Avenue and 1531 4th Avenue (PID 38-00-09-1-038-001.00), provide flexibility for development plans. This is an ideal opportunity for investors seeking a foothold in a dynamic market. The combined land area provides ample space for various commercial ventures, from retail establishments to light industrial uses. The property's location offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence in Bessemer. Given the size and location, this property is well-suited for a variety of development scenarios, offering significant potential for return on investment. Serious inquiries are encouraged to explore the possibilities this unique dual-parcel offering presents. The asking price for this combined property is $345,000. Further due diligence is recommended to fully assess the potential of this investment.

    Property Features for 1523 4Th Ave

    General Information

    Property type
    Other commercial real estate
    Lot Size
    6,970 SF

    Building Details

    Year Built
    1969
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Abundant Life Worship ... Church Car wash Car Wash

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Bessemer
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.95741
    Latitude
    33.39913

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    FAQs

    What type of property is this?
    Commercial real estate - Two Lots, High-Growth Potential
    Where is this commercial real estate located?
    The property is located at 1523 4Th Ave Bessemer, AL.
    What is the asking price?
    The asking price for this property is $345,000.
    (205) 424-3464
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    1523 4Th Ave Bessemer, AL 35020
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    Bessemer, AL 35020
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    Realmo Value Estimation

    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.

    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.

    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
    1523 4Th Ave Bessemer, AL 35020
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