1425 Lomb Ave Birmingham, AL 35208
- Warehouses
- 1,720 SF
- 0.22 lot acres
Current Use by Public Records
- Grace & Mercy House Ministries / Religious Organization
- Grace & Mercy House Ministries - Food Distribution Center / Food Bank
- School of Skill & Trade / School
Property Details for 1425 Lomb Ave
- Year built
- 1972
- Lot size
- 0.22 lot acres
- Property size
- 1,720 SF
- Zone code
- M1
- Property type
- Warehouses
- APN
- 29-00-04-2-046-004.001
- APU
- 2900042046004001
Description
This exceptional investment opportunity encompasses three buildings situated on a 0.06-acre lot at 1425 Lomb Avenue in Birmingham, Alabama's thriving West End community. Priced at $170,000, this property offers significant potential for both investors and owner-users. Its prime location provides easy access to major interstates, placing it within minutes of downtown Birmingham, Princeton Baptist Medical Center, and the Birmingham CrossPlex. The area also boasts a vibrant selection of local restaurants and shops, ensuring high visibility and foot traffic. Currently generating an annual income of $23,100 from four long-term tenants, the property features month-to-month leases, offering flexibility and potential for future rent increases. The high-traffic location and established tenancy make this a compelling investment prospect with strong potential for future growth and appreciation. This is a rare chance to acquire a well-positioned commercial property in a rapidly developing area of Birmingham. The three-building complex presents a unique opportunity for immediate income generation and long-term value appreciation. The property's strategic location and current tenant occupancy make it an attractive investment for those seeking a stable and profitable commercial venture.
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
- -86.861
- Latitude
- 33.5001
- CBSA code
- 13820
- CBSA name
- BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA