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    1201 Lake Dr SE Bessemer, AL 35022

    For Sale
    $500,000

    Land for sale in a Winn Dixie anchored shopping center.

    Property size:
    1 SF
    Lot size:
    1.40 Acres

    Property Features for 1201 Lake Dr SE

    General Information

    Size
    1 SF
    Lot size
    1.40 Acres

    Building Details

    Year built
    2002

    Source: Michael Murray, CCIM Agent Michael Murray, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Land in Morgan Village Center

    This lot is available for sale within the Morgan Village Shopping Center, and the owner is willing to subdivide. The location is situated within a shopping center anchored by Winn Dixie, near Dairy Queen, and across from Wendy’s Hamburgers and Arby's. It offers convenient access to Hoover, Helena, McCalla, and the broader Greater Birmingham area. Morgan Road, a frequently used thoroughfare, provides access to the Bessemer airport, downtown Helena, and the expanding Shelby County corridor. The property is located at the Morgan Road I-459 interchange.
    Location Intelligence

    Current Use by Public Records

    Papa John's Pizza Pizza Restaurant The Lice Place Birmingham Medical Clinic

    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
    -86.91742
    Latitude
    33.329076

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    FAQs

    What type of property is this?
    Commercial land - Land for sale in a Winn Dixie anchored shopping center.
    Where is this commercial land located?
    The property is located at 1201 Lake Dr SE Bessemer, AL.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: - Prime location at the Morgan Road I-459 interchange.; - High-traffic location on Morgan Road, a heavily utilized artery.; - Located within a shopping center anchored by Winn Dixie.
    (205) 382-1896
    Request Owner's contact information
    1201 Lake Dr SE Bessemer, AL 35022
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    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
    1201 Lake Dr SE Bessemer, AL 35022
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