629 Red Ln Rd Birmingham, AL 35215-8227
- Banks
- 6,137 SF
- 0.82 lot acres
May 28, 2024
Current Use by Public Records
- BB&T ATM / Atm
- Truist - ATM / Atm
- BB&T Insurance Services / Insurance Agency
Property Details for 629 Red Ln Rd
- Year built
- 1970
- Lot size
- 0.82 lot acres
- Property size
- 6,137 SF
- Zone code
- CB2
- Property type
- Banks
- APN
- 23-00-01-1-005-002.000
- APU
- 2300011005002000
Description
This exceptional 3,780 square foot freestanding medical office building, located at 629 Red Lane Road in Birmingham, Alabama, presents a unique investment opportunity. Built in 1970, this single-story Class B building sits on a 0.81-acre lot and is currently vacant. Its former use as a bank branch offers a versatile layout adaptable to various medical or office uses. The property enjoys a highly visible location, shadow-anchored by a Walmart Supercenter and adjacent to a new 25,000 square foot YMCA facility, ensuring high traffic and community presence. Situated just off Parkway East, a major thoroughfare with approximately 62,000 vehicles per day, this location offers unparalleled accessibility. The property's single-tenancy configuration provides flexibility for a single user or the potential for future subdivision. Jefferson County, Alabama, and the Roebuck submarket provide a strong foundation for growth and stability. This is an excellent opportunity to establish a thriving medical practice or office space in a dynamic and rapidly developing area. The building's size and location make it ideal for a variety of uses, offering significant potential for return on investment.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Birmingham
- County
- Jefferson
- State
- Alabama
- Longitude
- -86.6982
- Latitude
- 33.5906
- CBSA code
- 13820
- CBSA name
- BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
