301 21St Ave Birmingham, AL 35205

OFF-MARKET

Specialty properties

47,000 SF 4.05 ac lot Built 1970

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This exceptional redevelopment opportunity encompasses a 4.05-acre lot in Birmingham, Alabama, featuring four buildings totaling 47,000 square feet. The property, zoned CR5, includes two structures with separate addresses: 301 21st Avenue South (47,000 sq ft, currently vacant and requiring significant repairs, including HVAC and electrical system replacement) and 2105 Joyce Street (6,900 sq ft). The larger building presents a unique chance to create a school, retirement community, or multi-unit apartment complex. Note that the larger building is uninhabitable and needs substantial renovations

Property type Specialty properties

Year built 1970

Total area 47,000 SF

Lot 4.05 ac (176,418 SF)

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

301 21St Ave Birmingham, AL 35205

Birmingham metro

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6 recent transactions · within 1.5 mi

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