601 19th N St Bessemer, AL 35020-4824
- Banks
- 8,612 SF
- 0.66 lot acres
Current Use by Public Records
- Wells Fargo Bank / Bank / Atm
Property Details for 601 19th N St
- Year built
- 1950
- Lot size
- 0.66 lot acres
- Property size
- 8,612 SF
- Zone code
- C3
- Property type
- Banks
- APN
- 38-00-09-1-005-006.000
- APU
- 3800091005006000
Description
This exceptional 4,440-square-foot retail building is situated on a prominent corner lot in downtown Bessemer, Alabama, encompassing 0.65 acres. Currently vacant, this property presents a unique opportunity for a variety of commercial ventures. Previously used as a bank, the building offers substantial space adaptable to multiple uses, including but not limited to an auto shop or daycare center. The asking price is $499,900, translating to $112.59 per square foot. The property's high-profile location and ample space make it ideal for businesses seeking strong visibility and significant square footage. The address is 601 19th St N, Bessemer, AL 35020, within Jefferson County. The building's size and location offer significant potential for a range of businesses looking to establish a presence in a thriving community. The property is being offered for sale by owner and is ready for immediate occupancy. Its versatile layout and substantial size provide ample room for customization to suit a variety of business needs. This is a rare opportunity to acquire a substantial commercial property in a desirable location at a competitive price.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $250,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $340,000
- 6.5%
- $360,000
- 7%
- $395,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $365,000
- Geo Method
- $330,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $325,000
- Retail
- $355,000
- Mixed-Use
- $375,000
- Hospitality
- $375,000
- Educational
- $330,000
- Residential Income
- $315,000
- Energy
- $350,000
- Income-Based Land
- $315,000
- Food Service
- $325,000
Location Insight
- Map
- Local Demand
- City
- Bessemer
- County
- Jefferson
- State
- Alabama
- Longitude
- -86.9571
- Latitude
- 33.405
- CBSA code
- 13820
- CBSA name
- BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA