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Mixed-use properties

2520 Franklin St Irondale, AL 35210

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Property summary
AI-generated overview

This exceptional 21.5-acre property in Irondale, Alabama, presents a unique investment opportunity. Located in the thriving Birmingham/Irondale industrial corridor, this mixed-use land boasts R2 zoning, offering versatile development options. The site's prime location provides easy access to major interstates and prominent businesses like Motion Industries, making it ideal for both residential and commercial projects. The current zoning allows for a variety of uses, catering to the area's growing demand for housing and industrial space. This is a rare chance to capitalize on the ongoing development within the area. The property includes a creek, adding a natural element to any future development. Please note that a previously recorded, but never constructed, railway track shown on some maps is not present on the actual property. This 21.5-acre parcel, situated at 2520 Franklin St, Irondale, AL 35210 (33.5704999, -86.6458847), is offered at an asking price of $190,000. Its strategic location and flexible zoning make it an attractive proposition for developers seeking a high-return investment in a rapidly expanding market. Jefferson County's robust economy and infrastructure further enhance the property's value and potential. Don't miss this opportunity to acquire a significant land holding in a prime location.

Property profile
Verified
Property type Mixed-use properties
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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