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    Corporate Dr Birmingham, AL 35242

    Sponsored
    For Sale
    Contact for pricing

    2.06-acre Birmingham commercial lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.06-acre commercial land parcel, situated in the prestigious Meadow Brook Corporate Park, presents a remarkable development opportunity. Located in Birmingham, Alabama, on Corp Orate Drive (zip code 35242), this property is part of an 85-acre master-planned corporate campus along the high-traffic Hwy 280 corridor. The lot is zoned PO (Planned Office), making it ideal for a variety of uses, including office buildings, medical facilities, outpatient surgical centers, or biolabs. The site boasts a moderate slope and is slightly below street grade, a topography considered easily manageable for development. The property is located in Flood Zone X. The high-traffic location benefits from impressive daily traffic counts of 57,463 vehicles on Hwy 280 Corporate Drive. The surrounding area demonstrates strong demographics, with a population of 1,178,282 and an average household income of $77,918, showing a steady annual population increase of 0.5%. This prime location and flexible zoning make this a highly desirable investment opportunity. Contact us for pricing and further details.

    Property Features for 0 Corporate Dr

    General Information

    Property type
    Land
    Lot Size
    89,734 SF

    HighLights

    • Call for Sale Pricing
    • 2.06‑Acre Parcel in Meadow Brook Corporate Park, Birmingham, AL
    • Planned Office (PO) Zoning
    • Flood Zone X
    • 57,463 Daily Traffic Count on Hwy 280
    • 1,178,282 Population, 0.5% Annual Growth
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Birmingham
    County
    Alabama
    State
    Alabama
    Longitude
    -86.6780336
    Latitude
    33.4143853

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    FAQs

    What type of property is this?
    Land - 2.06-acre Birmingham commercial lot
    Where is this land located?
    The property is located at Corporate Dr Birmingham, AL.
    What are key features of this property?
    This property features: Call for Sale Pricing; 2.06-Acre Parcel in Meadow Brook Corporate Park, Birmingham, AL; Planned Office (PO) Zoning
    (205) 443-4559
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    Corporate Dr Birmingham, AL 35242
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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
    Corporate Dr Birmingham, AL 35242
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