5388 Oporto Madrid Blvd Irondale, AL 35210
- Turn key restaurants
- 5,598 SF
- 0.90 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 5388 Oporto Madrid Blvd
- Year built
- 1985
- Lot size
- 0.90 lot acres
- Property size
- 5,598 SF
- Zone code
- CB2
- Property type
- Turn key restaurants
- APN
- 23-00-26-2-000-011.001
- APU
- 2300262000011001
Description
This exceptional Irondale, Alabama land parcel presents a unique investment opportunity. Located at 5388 Oporto Madrid Blvd, in Jefferson County (zip code 35210), this single-tenant property is ideally situated adjacent to Eastwood Village, a thriving retail center. The site benefits from its high-visibility location along a major thoroughfare, boasting an impressive 34,973 AADT (Average Annual Daily Traffic) count, easily accessible from a signalized intersection. This prime location offers unparalleled exposure to a large customer base. The property's proximity to established national retailers such as Walmart, Five Below, Ross Dress for Less, Michaels, and Party City ensures high foot traffic and brand recognition. Furthermore, the strategic location near a significant Amazon Distribution Center (employing over 1,500) and a VA Clinic serving over 25,000 veterans annually provides a robust and diverse demographic. This land is available for build-to-suit development or a ground lease, offering flexibility for various commercial ventures. The property is classified as Land with a Subtype of Build to Suit and Ground Lease. Consider this exceptional opportunity to capitalize on the growth and potential of this high-traffic, strategically located parcel.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $285,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $310,000
- 6.5%
- $290,000
- 7%
- $335,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $370,000
- Geo Method
- $350,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $350,000
- Retail
- $310,000
- Mixed-Use
- $280,000
- Hospitality
- $285,000
- Educational
- $270,000
- Residential Income
- $365,000
- Energy
- $280,000
- Income-Based Land
- $315,000
- Food Service
- $340,000
Location Insight
- Map
- Local Demand
- City
- Irondale
- County
- Jefferson
- State
- Alabama
- Longitude
- -86.7223
- Latitude
- 33.5294
- CBSA code
- 13820
- CBSA name
- BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA