Technical
Financial
Distress signals
Property profile

601 19th N St Bessemer, AL 35020

OFF-MARKET
Banks
Property ID
US03-0944833
8,612 SF 0.66 ac lot Built 1950
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 4,440-square-foot retail building is situated on a prominent corner lot in downtown Bessemer, Alabama, encompassing 0.65 acres. Currently vacant, this property presents a unique opportunity for a variety of commercial ventures. Previously used as a bank, the building offers substantial space adaptable to multiple uses, including but not limited to an auto shop or daycare center. The asking price is $499,900, translating to $112.59 per square foot. The property's high-profile location and ample space make it ideal for businesses seeking strong visibility and significant square footage. The address is 601 19th St N, Bessemer, AL 35020, within Jefferson County. The building's size and location offer significant potential for a range of businesses looking to establish a presence in a thriving community. The property is being offered for sale by owner and is ready for immediate occupancy. Its versatile layout and substantial size provide ample room for customization to suit a variety of business needs. This is a rare opportunity to acquire a substantial commercial property in a desirable location at a competitive price.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1950
Total area 8,612 SF
Lot 0.66 ac (28,650 SF)
Zoning code C3
APN 38-00-09-1-005-006.000
UPID US03-0944833

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Bank Loan Service

Location

601 19th N St Bessemer, AL 35020-4824
Bessemer metro Census 10200 BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$235k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2023
Last sale
$300,000
1 recorded transaction
2023
$300,000

Zoning & alternative use

C3 · Bessemer, AL

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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