1120 2nd Avenue South Birmingham, AL 35233

Listing agency Southpace Properties Inc. m***@southpace.com Show Phone

Listed by Michael Randman · License #000026645

Source Southpace

Added: Mar 6 Updated: Jul 10 at 1:00PM Checked: Jul 21 at 5:31AM

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Investment Insights

Based on property information with market context.

Two contiguous parcels, totaling approximately 4.1 acres, are available for sale. The parcel sizes can be adjusted to meet buyer requirements. The property is located in the Parkside District, adjacent to The University of Alabama, Birmingham (UAB). UAB is the largest employer in Alabama, with over 24,000 employees, and has a student population of 22,000. The Parkside District is experiencing rapid growth with an influx of new restaurants and entertainment venues. This property represents the largest undeveloped contiguous property in the Parkside/UAB area, offering an urban infill site with high barriers to entry. It is located in an Opportunity Zone, with potential tax credits and abatements available for development. Due diligence items, including comps, conceptual plans, environmental reports, and ADEM No Further Action Letters, are available upon signing a Confidentiality Agreement.

Key Highlights

• Largest undeveloped contiguous property in the Parkside/UAB area.
• Located in the rapidly growing Parkside District, adjacent to The University of Alabama, Birmingham (UAB).
• Located in the Opportunity Zone.

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FAQs

What type of property is this?

Commercial land - 4.1 acres in Parkside District near UAB.

Where is this commercial land located?

The property is located at 1120 2nd Avenue South Birmingham, AL.

What is the asking price?

The asking price for this property is Off market.

What are key features of this property?

This property features: Largest undeveloped contiguous property in the Parkside/UAB area.; Located in the rapidly growing Parkside District, adjacent to The University of Alabama, Birmingham (UAB).; Located in the Opportunity Zone.