3317 5Th Ave South Birmingham, AL 35222
- Investment properties
- 31,614 SF
- 0.96 lot acres
Current Use by Public Records
- Speedy's Cash For Cars / Auto Wrecker / Junk Dealer
Property Details for 3317 5Th Ave South
- Year built
- 1965
- Lot size
- 0.96 lot acres
- Property size
- 31,614 SF
- Zone code
- M1
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 23-00-31-1-021-001.000
- APU
- 2300311021001000
Description
This exceptional 9,975-square-foot industrial warehouse, situated in Jefferson County, presents a unique investment opportunity. The property is currently fully vacant, offering immediate occupancy for a single tenant or the potential for multiple tenants. The building's classification is industrial, with a subtype of warehouse and distribution, making it ideal for a variety of uses. Ample parking is available, with a total of 56 spaces, including 38 off-street and 18 on-street spots. Its strategic location offers excellent visibility and accessibility, boasting proximity to Birmingham's central business district. Furthermore, the property benefits from its convenient location within walking distance of Avondale's vibrant retail scene, diverse eateries, and a nearby park. Easy access to major transportation arteries, including Highway 280, Highway 31, and I-59/20, ensures seamless logistics and efficient transportation. This fully vacant warehouse presents a rare chance to secure a substantial industrial space in a highly desirable and well-connected area. The property's size and features make it suitable for a wide range of businesses seeking a prominent location with excellent access and ample parking. The combination of convenient location, ample parking, and easy highway access makes this property a compelling option for businesses seeking a strategic foothold in the Birmingham area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,150,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,610,000
- 6.5%
- $1,510,000
- 7%
- $1,665,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,690,000
- Geo Method
- $1,750,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,675,000
- Retail
- $1,665,000
- Mixed-Use
- $1,445,000
- Hospitality
- $1,755,000
- Educational
- $1,710,000
- Residential Income
- $1,725,000
- Energy
- $1,280,000
- Income-Based Land
- $1,725,000
- Food Service
- $1,665,000
Location Insight
- Map
- Local Demand
- City
- Birmingham
- County
- Jefferson
- State
- Alabama
- Longitude
- -86.7826
- Latitude
- 33.5168
- CBSA code
- 13820
- CBSA name
- BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
