1201 Lake Dr Bessemer, AL 35022
This exceptional 1.4-acre commercial land parcel presents a unique investment opportunity in the thriving Morgan Village Shopping Center in Bessemer, Alabama. Located at 1201 Lake Drive SE, zip code 35022, this property boasts a highly visible position within a well-established retail center anchored by a Winn-Dixie grocery store. The site's immediate proximity to other popular national chains, including Dairy Queen, Wendy's, and Arby's, ensures high foot traffic and excellent brand visibility. The owner is willing to subdivide the lot, offering flexibility for various development plans. Its strategic location provides easy access to major thoroughfares, offering convenient connectivity to the greater Birmingham area, including Hoover, Helena, and McCalla. Morgan Road, a heavily trafficked artery, provides direct access to Bessemer Airport, downtown Helena, and the rapidly expanding Shelby County corridor. This prime location, combined with the potential for subdivision, makes this 1.4-acre lot an ideal investment for developers seeking a high-impact commercial project in a bustling retail environment. The asking price for this exceptional property is $500,000. Don't miss this chance to acquire a piece of Bessemer's vibrant commercial landscape.
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Papa John's Pizza Restaurant
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The Lice Place Birmingham Medical Clinic
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.