Technical
Financial
Distress signals
Property profile

2808 9th NE St Center Point, AL 35215

OFF-MARKET
Commercial land
Property ID
US03-3037529
1,446 SF 0.35 ac lot Built 1958
Entity Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 110-140 square foot vacant lot presents a remarkable investment opportunity in Center Point, Texas. Located at 2808 9th NE St, Jefferson County, zip code 35215, this single lot of land is priced affordably at $10,000. The property offers flexible financing options, including owner financing with a low $1,000 down payment. A lease-option-to-purchase agreement is also available for qualified buyers, providing an attractive pathway to ownership. Significant discounts are offered for cash purchases or those with a down payment exceeding 10%. This makes it an ideal property for both seasoned investors and first-time land buyers seeking a strategic entry point into the Texas real estate market. The property's convenient location in Center Point, Alabama, offers easy access to local amenities and transportation networks. The lot's size, while compact, presents a unique opportunity for various development possibilities, depending on local zoning regulations. Serious inquiries are encouraged to explore this promising investment opportunity further. The property is classified as vacant land, providing a clean slate for future development plans.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1958
Total area 1,446 SF
Lot 0.35 ac (15,400 SF)
Zoning code R1
APN 12-00-08-3-004-007.000
UPID US03-3037529

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2808 9th NE St Center Point, AL 35215-2724
Center Point metro Census 11207 BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$55k

Owner & transaction history

since 2024
Last sale
$20,500
7 recorded transactions
2024
$20,500
2015
$17,600
2013
$69,238
2005
$10,000
2003
Price N/A
1998
$68,900
1993
$47,750

Zoning & alternative use

R1 · Center Point, AL
Zoning description

Sec. 601. - R-1 Single-Family District. Every building hereafter erected or moved shall be located on a lot, tract, or parcel, and in no case shall there be more than one principal residential building (and its accessory…

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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