8433 1st Ave Leeds, AL 35094-2173
- Banks
- 8,310 SF
- 0.79 lot acres
Current Use by Public Records
- Cadence Bank / Bank / Atm
- ATM (Bancorp South) / Atm
Property Details for 8433 1st Ave
- Year built
- 1971
- Lot size
- 0.79 lot acres
- Property size
- 8,310 SF
- Zone code
- B2
- Property type
- Banks
- APN
- 25-00-21-1-036-003.000
- APU
- 2500211036003000
Description
This exceptional commercial property, located at 8433 1st Ave SE in Leeds, Alabama (zip code 35094), presents a unique investment opportunity. The 7,050 square foot building, formerly a bank, sits on a 0.79-acre lot and boasts a prominent location in downtown Leeds. Built in 1971 with various renovations throughout its history, the single-story structure is zoned B-2, offering considerable flexibility for redevelopment or repurposing. The property includes four curb cuts, 38 parking spaces, and four drive-thru lanes, making it ideal for a variety of commercial uses. An additional 1,446 square feet of upstairs storage is available, though not included in the 7,050 square foot total. The asking price is $799,000, translating to $113.33 per square foot. The property is currently vacant, providing immediate occupancy for the new owner. Its strategic location, just 2.1 miles from I-20, offers excellent accessibility. Furthermore, the average household income within a five-mile radius is $86,138, indicating a strong potential customer base. The Jefferson County property features APN 25-00-21-1-036-003.000. This is a rare opportunity to acquire a substantial commercial property in a thriving Alabama community.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Leeds
- County
- Jefferson
- State
- Alabama
- Longitude
- -86.5422
- Latitude
- 33.5422
- CBSA code
- 13820
- CBSA name
- BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA