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    700 8Th St Birmingham, AL 35233

    For Sale
    Contact for pricing

    Versatile industrial facility, high visibility, excess land.

    Property size:
    34,848 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional Birmingham, Alabama industrial property offers a rare opportunity to acquire a highly versatile facility spanning 34,848 square feet on a 4.48-acre lot. The property boasts two buildings: a 22,848-square-foot masonry structure featuring showroom, office, and shop space with multiple drive-in and drive-through bays, and a 12,000-square-foot metal building constructed in 2004, previously used as a paint shop/service center. The property's zoning is B2 (primary parcel) and M1 (small triangular parcel), offering significant flexibility for various uses. Its prime location at the corner of 7th Avenue and 8th Street South provides excellent visibility and convenient access to University Boulevard and I-65. The property benefits from three-phase, 800-amp/208V power and is situated outside of any designated flood zone. Previously utilized as an auto dealership and collision center, this nearly 100% usable property presents a unique opportunity within a federal opportunity zone. Abundant parking and high visibility make this an ideal location for a variety of businesses. The buildings are single-story structures built in 1957 and 2004.

    Property Features for 700 8Th St

    General Information

    Property type
    Individual retail properties
    Square Feet
    34,848 SF
    Lot Size
    195,149 SF

    Building Details

    Buildings
    2
    Stories
    1

    HighLights

    • 34,848 SF industrial property on a 4.48‑acre lot in Birmingham, AL.
    • Two buildings: a 22,848 SF masonry building with showroom, office, shop space, and multiple drive‑in/drive‑through bays, and a 12,000 SF metal building (2004).
    • B2 and M1 zoning allows for flexible use.
    • Excellent visibility at 7th Ave & 8th St S, near University Blvd and I‑65.
    • Features 800‑amp/208V three‑phase power; outside flood zone.
    • Located in a federal opportunity zone.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Showrooms

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Birmingham
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.8172774
    Latitude
    33.4972222

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    FAQs

    What type of property is this?
    Individual retail property - Versatile industrial facility, high visibility, excess land.
    Where is this individual retail property located?
    The property is located at 700 8Th St Birmingham, AL.
    What are key features of this property?
    This property features: 34,848 SF industrial property on a 4.48-acre lot in Birmingham, AL.; Two buildings: a 22,848 SF masonry building with showroom, office, shop space, and multiple drive-in/drive-through bays, and a 12,000 SF metal building (2004).; B2 and M1 zoning allows for flexible use.
    (205) 949-5989
    Request Owner's contact information
    700 8Th St Birmingham, AL 35233
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    Birmingham, AL 35233
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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
    700 8Th St Birmingham, AL 35233
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