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Property profile & analytics
OFF-MARKET
Banks

601 19th N St Bessemer, AL 35020-4824

8,612 SF 0.66 ac lot Built 1950
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US03-0944833
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Wells Fargo Bank Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Bessemer Nineteenth LLC · 3 yrs held
Bessemer Nineteenth LLC
since 2023
Last sale
$300,000
1 recorded transaction
2023
$300,000
Zoning & alternative use
C3 · Bessemer, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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