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    2487 Morgan Rd Bessemer, AL 35022

    For Sale
    $325,000

    High-traffic location, I-459 proximity. Ideal for light industrial.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional 3-acre commercial property boasts approximately 230 feet of road frontage on busy Morgan Road in Bessemer, Alabama. Its strategic location offers unparalleled access to Interstate 459 and numerous light industrial facilities, including prominent distribution centers for Carmax and Lowe's. The property's value is further enhanced by its proximity to the planned Lakeshore Drive Extension Project, a significant Jefferson County initiative. This project will dramatically improve traffic flow and accessibility by realigning Morgan Road and Lakeshore Parkway, creating a single intersection at Highway 150. The project also includes widening Morgan Road from two to five lanes, starting just north of Hopewell near the Carvana facility and extending to Highway 150. This infrastructure upgrade presents a unique opportunity for businesses seeking a high-visibility location with excellent transportation links. The site is perfectly suited for light industrial distribution, storage, or support services. Sewer access is available. For businesses requiring additional space, an adjacent 4.17-acre parcel is also available (MLS 21382880). This is a rare opportunity to acquire prime commercial land in a rapidly developing area. Priced at $325,000.

    Property Features for 2487 Morgan Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    130,680 SF
    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
    -86.92999
    Latitude
    33.34351

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, I-459 proximity. Ideal for light industrial.
    Where is this commercial real estate located?
    The property is located at 2487 Morgan Rd Bessemer, AL.
    What is the asking price?
    The asking price for this property is $325,000.
    (205) 285-8888
    Request Owner's contact information
    2487 Morgan Rd Bessemer, AL 35022
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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
    2487 Morgan Rd Bessemer, AL 35022
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