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Property profile & analytics
OFF-MARKET Estimated value $560,000
Motels

275 Oxmoor Rd Birmingham, AL 35209-4705

10,784 SF 4.48 ac lot Built 1971
Entity Owned Free & Clear
Property ID
US03-0541446
Property summary
AI-generated overview

This exceptional 4.5-acre ground lease opportunity is situated in Homewood, Alabama, boasting prime frontage along I-65 and Oxmoor Road. The property is zoned C-1 and is part of the Greensprings Urban Renewal District, presenting a unique chance for significant development. The expansive lot size offers ample space for a variety of commercial ventures. Potential uses include, but are not limited to, retail establishments, convenience stores, restaurants, gas stations, office buildings, hotels, or automotive service centers. The high visibility and accessibility from I-65 ensure substantial traffic exposure, making this an ideal location for businesses seeking maximum visibility and customer reach. The single-tenancy nature of the property provides flexibility for developers to tailor the space to their specific needs. Located at 275 Oxmoor Road, Homewood, AL 35209, in Jefferson County, this property presents a compelling investment opportunity in a thriving area. The property's location within the Greensprings Urban Renewal District suggests potential for future growth and development within the surrounding area. This is a rare chance to acquire a large parcel of land in a high-demand location with excellent access to major transportation routes.

Property profile
Verified
Property type Motels
Use group MOTEL
Year built 1971
Total area 10,784 SF
Lot 4.48 ac (195,018 SF)
Zoning code R2
APN 29-00-14-3-003-001.000
UPID US03-0541446
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
  • Eastern Eats Big Box & Wholesale Store
  • Howard Johnson Inn Hotel & Motel Bed & Breakfast
  • Oxmoor Lodge Hotel & Motel Resort
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$365k
CAP Approach CAP
$780k
Comparable Approach Comparable
$535k
Blend (final) Blend
$560k
Owner & transaction history
BHARAT LLC
BHARAT LLC
Zoning & alternative use
R2 · Birmingham, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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