Entity Owned Property summary
This exceptional Birmingham, Alabama industrial property offers 30,284 square feet of versatile warehouse and office space, ideally situated on Second Avenue North. The property comprises two buildings: a 1940 masonry structure and a 1980 metal building on a concrete slab. Building one offers approximately 25,500 square feet on the first floor, while building two provides an additional 4,784 square feet on the second floor. The property features both drive-in and one dock-high loading door, catering to diverse operational needs. Zoned M-1 Light Industrial, this location boasts convenient interstate access and close proximity to Birmingham Airport. The asking price is $1,500,000, translating to $49.53 per square foot. A potential sale/leaseback opportunity exists due to the owner's relocation. This presents a unique investment prospect in a prime Birmingham location. The property is located in Jefferson County, Alabama, with the address being 540 2nd Ave N, Birmingham, AL 35204.
Property profile
VerifiedCap rate & NOI
Current use
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Arcade & Gaming Center (Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The purpose of the M1 Light Manufacturing District is provide for contractor or construction equipment dealer yard, grain and feed storage, heating fuel or building material storage or wholesaling, manufacturing, fabrica…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
M1 · Birmingham, ALThe purpose of the M1 Light Manufacturing District is provide for contractor or construction equipment dealer yard, grain and feed storage, heating fuel or building material storage or wholesaling, manufacturing, fabrica…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The purpose of the M1 Light Manufacturing District is provide for contractor or construction equipment dealer yard, grain and feed storage, heating fuel or building material storage or wholesaling, manufacturing, fabrica…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for M1 in Birmingham, AL.
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