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Property profile & analytics
OFF-MARKET
Investment properties

1865 Bessemer Rd Birmingham, AL 35208-4118

2,398 SF 0.17 ac lot Built 1940
Entity Owned 2-yr Hold Free & Clear
Property ID
US03-0151392
Property summary
AI-generated overview

This exceptional commercial property, located at 1865 Bessemer Road in Birmingham, Alabama, presents a fantastic opportunity for a discerning buyer. Priced to sell at $59,900, this 0.17-acre lot boasts a substantial building previously used as a beauty salon, offering ample space for a variety of business ventures. Its strategic corner lot placement on Bessemer Road ensures high visibility and easy accessibility for customers. The property benefits from convenient street parking and a private parking lot accommodating 4-5 vehicles. The building itself is a striking stone structure, showcasing attractive architectural features. While the exact square footage is unavailable, the attached photos provide a comprehensive visual representation of the property's size and layout. The property's location is particularly advantageous, being situated just a short distance from the Birmingham Crossplex, a significant local landmark. Please note that property taxes are estimates, as the previous owner held a tax exemption. Potential buyers should independently verify all listing information, including the applicability of any right of redemption. This is a rare opportunity to acquire a well-positioned commercial property in a thriving Birmingham location.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1940
Total area 2,398 SF
Lot 0.17 ac (7,500 SF)
Zoning code B2
APN 29-00-07-1-011-001.000
UPID US03-0151392
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
Current use
Occupant on record · Public records
  • Southeastern School of Cosmetology (SESC) Vocational School Training Center
  • Southeastern School of Cosmetology & Barbering Vocational School Training Center
  • Andre Hair Studio Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Truist Bank · 2 yrs held
Truist Bank
since 2024
1 recorded transaction
2024
Price N/A
Zoning & alternative use
B2 · Birmingham, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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