348 Leisure Ln Birmingham, AL 35209
This exceptional 5.38-acre commercial land parcel presents a remarkable investment opportunity in the highly desirable Homewood, Alabama area. Located at 348 Happy Ln and 350 Leisure Ln, Birmingham, AL 35209 (Jefferson County), this property offers unparalleled versatility for a wide range of commercial developments. Its prime location within a thriving neighborhood ensures high visibility and accessibility, making it an ideal site for various ventures. The expansive lot size provides ample space for ambitious projects, allowing for significant development potential. This coveted address in Homewood offers investors a unique chance to capitalize on the area's strong growth and create a significant return. The property's strategic positioning and substantial acreage make it a truly exceptional investment prospect, promising substantial returns for forward-thinking developers. The possibilities are endless, making this a rare opportunity to shape the future of a key location in Homewood. The asking price is $2,100,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.