5800 Oporto Madrid S Blvd Irondale, AL 35210-1429
This exceptional 4,977-square-foot freestanding building, situated on a 1.3-acre lot in Irondale, Alabama, presents a compelling investment opportunity. Built in 1975, this Class C property boasts a single story and offers ample parking. Currently vacant, the building is ideally suited for owner-users seeking a versatile space. Its adaptable layout, encompassing bar, flex, and storefront subtypes, allows for diverse uses. The property benefits from a high-traffic location, just off I-20 exit 132A/B, with approximately 50,000 vehicles passing daily on I-20 and approximately 15,500 vehicles daily on Oporto Madrid Boulevard. The site features a large paved parking area, a fenced yard, and excellent visibility due to its placement on a full-movement signal. This prime location offers significant advantages for businesses seeking high visibility and accessibility. The property is priced below appraisal, ensuring a swift sale. The existing structure is ready for reuse or redevelopment, making it an attractive option for entrepreneurs and investors alike. Located adjacent to Lawson Field, this property offers a unique blend of convenience and potential. This is a rare opportunity to acquire a well-positioned commercial property in a thriving area.
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
CB2 · Irondale, ALIrondale. 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.