2216 7th S Ave Birmingham, AL 35233
This exceptional 4.09-acre commercial land parcel presents a unique redevelopment opportunity in Birmingham, Alabama's vibrant Southside. Situated just blocks from UAB Hospital (1,207 beds), University of Alabama at Birmingham (21,500 students), Children's Hospital of Alabama, St. Vincent's Hospital, and the VA Hospital, this location benefits from the immense economic impact of UAB ($12.1 Billion annually, supporting over 107,000 jobs). The property includes three existing structures totaling 89,817 square feet of office/storage space, currently occupied, generating immediate income potential. The site also features approximately 300 existing surface parking spaces with expansion possibilities. Its strategic location off US Hwy 31/280 on University Boulevard (over 100,000 VPD) provides exceptional visibility and accessibility. The property is within 1.5 miles of affluent Mountain Brook and Homewood communities. This infill location bridges the Southside and Lakeview districts, adjacent to the $60 million Edgehill at Southtown mixed-use development. The site is designated as a Federal Opportunity Zone, offering attractive tax incentives for investors, including potential capital gains reduction and Birmingham Industrial Development Board incentives such as property tax reductions and reduced sales taxes on construction materials. The diverse and resilient Birmingham economy, driven by healthcare, education, and other key sectors, ensures long-term stability and growth potential. This is a rare chance to acquire a large contiguous tract in a high-demand area with significant upside.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
M1 · Birmingham, ALBirmingham. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.