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    1820 3Rd Ave Bessemer, AL 35020

    Sponsored
    For Sale
    $430,000

    7,700 SF Office Building, For Sale

    Property size:
    7,700 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 7,700 square foot traditional office building presents a unique investment opportunity in the heart of downtown Bessemer, Alabama. The two-story building is ideally situated at 1820 3rd Ave N, 35020, offering unparalleled convenience and visibility. Its prime location places it adjacent to the renowned Bright Star Restaurant, directly across the street from the Bessemer Municipal Building, and just around the corner from the Bessemer Courthouse. This high-traffic area ensures excellent exposure and accessibility for any business. The building is currently offered for sale by owner at an asking price of $430,000. The property's 7,700 square feet provide ample space for a variety of office configurations, making it suitable for a wide range of businesses. This is a rare chance to acquire a well-positioned commercial property in a thriving Alabama city. Serious inquiries are encouraged to explore this promising investment opportunity further. The property is located in Jefferson County, Alabama.

    Property Features for 1820 3Rd Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    7,700 SF

    Building Details

    Stories
    2
    Property Profile Location Intelligence

    Current Use by Public Records

    Law Office of Jason ... Attorney The Black Belt Law ... Personal Injury Attorney Lippert Kathryn L Attorney Alabama Messenger Newspaper Publisher Smith Kewana J Attorney

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Bessemer
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.953518846126
    Latitude
    33.402576293187

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    FAQs

    What type of property is this?
    Office Property / Space - 7,700 SF Office Building, For Sale
    Where is this office property / space located?
    The property is located at 1820 3Rd Ave Bessemer, AL.
    What is the asking price?
    The asking price for this property is $430,000.
    Request Owner's contact information
    1820 3Rd Ave Bessemer, AL 35020
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    Bessemer, AL 35020
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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
    1820 3Rd Ave Bessemer, AL 35020
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