131 Vann St Bessemer, AL 35023-1607
This exceptional 3.76-acre vacant land parcel presents a compelling investment opportunity in the thriving Hueytown, Alabama market. Ideally situated adjacent to the bustling Hueytown Shopping Center, this property enjoys high visibility and convenient access to major thoroughfares, ensuring strong potential for a variety of commercial developments. Currently zoned B3, allowing for apartment construction, the site offers significant flexibility for developers. The existing zoning provides a solid foundation for immediate project commencement, while the possibility of rezoning opens doors to even broader development options, catering to a wider range of commercial uses. Given its prime location and versatile zoning, this property represents a rare chance to capitalize on the growing demand for commercial space in Hueytown. The expansive acreage provides ample room for a substantial development, maximizing return on investment. Prospective buyers are encouraged to explore the numerous possibilities this exceptional site offers, from multi-family residential to complementary retail or commercial ventures. Its strategic location near the established shopping center guarantees high foot traffic and strong consumer presence, making it an attractive proposition for businesses seeking a vibrant and accessible location. The substantial lot size allows for creative and expansive development plans, tailored to meet the specific needs of the future owner. This is a unique opportunity to acquire a highly desirable piece of land in a rapidly developing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B3 · Bessemer, ALNo recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.