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Property profile & analytics

508 82Nd St Birmingham, AL 35206

  • Commercial real estate
  • 0.58 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Commercial real estate

Property Details for 508 82Nd St

Year built
1950
Lot size
0.58 lot acres
Property type
Commercial real estate

Description

This exceptional commercial property, located at 508 82ND STREET N in Birmingham, Alabama, presents a unique investment opportunity. The 0.58-acre lot features three separate buildings, offering significant versatility and potential for diverse uses. Two of the buildings are ideally suited for classroom or office space, providing ample room for educational programs, administrative functions, or a variety of professional businesses. The third building, with its generous size, is perfect for use as a place of worship or for hosting large gatherings, events, or community functions. The property enjoys a highly desirable location, within easy walking distance of East Lake, and benefits from excellent visibility. While the property requires some attention, including addressing water damage resulting from outdated gutters, this presents a chance for a savvy investor to add value through renovations and upgrades. The seller is highly motivated to finalize a sale, making this an attractive proposition for those seeking a multi-purpose commercial property with significant upside potential in a convenient Birmingham location. The asking price is $250,000.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Birmingham
County
Jefferson
State
Alabama
Longitude
-86.7298
Latitude
33.5723
More about this property
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