Property profile

0 Corporate Dr Birmingham, AL 35242

OFF-MARKET
Land
2.06 ac lot
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Property summary

AI-generated overview

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 profile

Verified
Property type Land
Lot 2.06 ac (89,734 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Corporate Dr Birmingham, AL 35242
Birmingham metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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