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    1901 Carolina Ave Bessemer, AL 35020

    For Sale
    $249,900

    High-potential corner lot, ideal for various uses.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This 0.8-acre corner lot at 1901 CAROLINA AVENUE in Bessemer, Alabama, is offered at $249,900. The property is being sold "as is" and presents a unique redevelopment opportunity. Its previous use as a grocery store highlights its strong commercial viability. The expansive lot size offers significant flexibility for a variety of commercial ventures. Potential uses include, but are not limited to, retail establishments, storage facilities, or mixed-use developments. The property's prominent corner location ensures high visibility and accessibility, making it an attractive proposition for businesses seeking a strong presence in the Bessemer market. Given its history and location, this property represents a compelling investment opportunity for entrepreneurs and developers alike. Serious inquiries are encouraged to explore the full potential of this versatile commercial space. The square footage is not currently available. Buyers are responsible for conducting their own due diligence.

    Property Features for 1901 Carolina Ave

    General Information

    Property type
    Other commercial real estate
    Lot Size
    34,848 SF

    Building Details

    Year Built
    1971
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Bessemer
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.94942
    Latitude
    33.4009

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    FAQs

    What type of property is this?
    Commercial real estate - High-potential corner lot, ideal for various uses.
    Where is this commercial real estate located?
    The property is located at 1901 Carolina Ave Bessemer, AL.
    What is the asking price?
    The asking price for this property is $249,900.
    (470) 223-1981
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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
    1901 Carolina Ave Bessemer, AL 35020
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