1120 2Nd Ave Birmingham, AL 35233
- Land
- 4.10 lot acres
Current Use by Public Records
- Land
Property Details for 1120 2Nd Ave
- Lot size
- 4.10 lot acres
- Property type
- Land
Description
This exceptional 4.1-acre commercial land parcel presents a unique development opportunity in Birmingham, Alabama's thriving Parkside District. Situated adjacent to the University of Alabama at Birmingham (UAB), the largest employer in Alabama with over 24,000 employees and 22,000 students, this property offers unparalleled access to a substantial workforce and student population. The site consists of two contiguous parcels, allowing for flexible configuration to suit diverse development needs. Zoned MUD (Mixed Use Development), this location permits a wide range of uses, including dense mixed-use projects, retail, office, entertainment, residential apartments, student housing, townhomes, and condominiums. Importantly, there are no stated parking, setback, or height restrictions. Located within an Opportunity Zone, this urban infill site benefits from potential tax credits and abatements, further enhancing its investment appeal. High barriers to entry underscore the scarcity of such large, undeveloped properties in this prime location. Due diligence materials, including comparable sales data, conceptual plans, environmental reports, and ADEM No Further Action Letters, are available upon execution of a Confidentiality Agreement. The land is priced at $58 per square foot.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Birmingham
- County
- Jefferson
- State
- Alabama
- Longitude
- -86.8149
- Latitude
- 33.5057
