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    1511 Alex Dr Birmingham, AL 35210

    Sponsored
    For Sale
    $150,000

    1.21 Acres, C-1 Zoning, Office Development

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.21-acre commercial land parcel presents a unique development opportunity in Birmingham, Alabama. Located in Jefferson County, at 1511 Alex Dr, zip code 35210, this property boasts a desirable C-1 zoning designation, ideal for office development. Situated on a private cul-de-sac within an established office park, the site offers approximately 0.4 acres of level, rough-graded land ready for construction. The property benefits from convenient access to major transportation arteries, including Highway 78E, I-459, and the I-20/59 corridor, ensuring excellent visibility and accessibility. Utilities are readily available at the property line, simplifying the development process. A paved access drive with curbs is already in place, further enhancing the site's appeal. The asking price for this strategically located parcel is $150,000. This represents a compelling investment opportunity in a thriving Birmingham business district. Don't miss this chance to acquire a prime piece of commercial real estate poised for immediate development.

    Property Features for 1511 Alex Dr

    General Information

    Property type
    Land
    Lot Size
    52,708 SF

    HighLights

    • Established Office Park setting.
    • Approx. 0.4‑acre rough‑graded building site.
    • Paved access drive with curbs.
    • C‑1 zoning.
    • Opportunity zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Building Supply Dental Office Wholesale Shop Auto Repair Shop Discount Store Cafe & Coffee Shop Daycare Center Pawn Shop Shopping Mall

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

    Location Insight

    • Map
    • Local Demand
    City
    Birmingham
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.63826152
    Latitude
    33.5482718

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    FAQs

    What type of property is this?
    Land - 1.21 Acres, C-1 Zoning, Office Development
    Where is this land located?
    The property is located at 1511 Alex Dr Birmingham, AL.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: Established Office Park setting.; Approx. 0.4-acre rough-graded building site.; Paved access drive with curbs.
    Request Owner's contact information
    1511 Alex Dr Birmingham, AL 35210
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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
    1511 Alex Dr Birmingham, AL 35210
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