162 Oxmoor Rd Birmingham, AL 35209-5941
- Investment properties
- 5,127 SF
- 0.41 lot acres
Current Use by Public Records
- Cantina Tortilla Grill / Mexican Restaurant
Property Details for 162 Oxmoor Rd
- Year built
- 1963
- Lot size
- 0.41 lot acres
- Property size
- 5,127 SF
- Zone code
- C2
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 29-00-23-2-005-007.000
- APU
- 2900232005007000
Description
This exceptional 4,500-square-foot freestanding building presents a remarkable opportunity for a discerning restaurateur or retail business in the vibrant Homewood, Alabama market. Located at 162 Oxmoor Road, Birmingham, in Jefferson County (zip code 35209), this single-tenant property offers ample space for a variety of uses. The entire building is currently vacant, providing immediate occupancy for a new tenant. The property's classification as both retail and restaurant space allows for considerable flexibility in its potential applications. Its freestanding nature offers excellent visibility and accessibility, crucial for attracting customers. The building's size is ideal for a larger restaurant concept or a retail establishment requiring significant square footage. Situated in the thriving Birmingham area, this property benefits from a strong local economy and a dense population base. The address is conveniently located within easy reach of major transportation routes, ensuring convenient access for both employees and customers. This is a rare chance to acquire a substantial, well-located property in a highly desirable area, ready for immediate development and occupancy. The property's size and location make it an attractive investment opportunity with significant potential for return. Serious inquiries are encouraged to explore this exceptional offering.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $975,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,045,000
- 6.5%
- $1,080,000
- 7%
- $975,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,195,000
- Geo Method
- $1,160,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,115,000
- Retail
- $1,030,000
- Mixed-Use
- $985,000
- Hospitality
- $990,000
- Educational
- $1,105,000
- Residential Income
- $975,000
- Energy
- $1,080,000
- Income-Based Land
- $1,025,000
- Food Service
- $1,010,000
Location Insight
- Map
- Local Demand
- City
- Birmingham
- County
- Jefferson
- State
- Alabama
- Longitude
- -86.8296
- Latitude
- 33.4606
- CBSA code
- 13820
- CBSA name
- BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
