Technical
Financial
Distress signals
Property profile

901 Lk Mall Bessemer, AL 35020

OFF-MARKET
Medical Office Space
Property ID
US03-0383199
12,480 SF 1.55 ac lot Built 1969
Individually Owned Free & Clear
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Property summary

AI-generated overview

This exceptional 12,000-square-foot vacant storefront, located at 901 W Lake Mall in Bessemer, Alabama (zip code 35020), presents a compelling investment opportunity. Situated on a sizable 1.55-acre lot, this Class D property offers significant redevelopment potential. Originally built in 1969 and renovated in 1973, the building previously housed a DaVita Dialysis Clinic. The asking price is $325,000, translating to an attractive price per square foot of $27.08. The property's strategic location directly in front of Westlake Mall, currently undergoing a transformation into a large industrial facility, promises substantial future value appreciation. This prime location, coupled with its designation as an Opportunity Zone, makes this a highly attractive investment for developers seeking a high-return project. The net rentable area is 12,480 square feet. The property is currently vacant, offering a blank canvas for a variety of commercial uses. This is a rare chance to capitalize on the revitalization of Westlake Mall and the benefits of an Opportunity Zone designation. Don't miss this chance to acquire a significant property in a rapidly developing area.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1969
Total area 12,480 SF
Lot 1.55 ac (67,518 SF)
Zoning code SC3
APN 38-00-08-4-003-005.000
UPID US03-0383199

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
  • Medical Clinic
  • Marketing & Advertising
  • Medical Clinic

Location

901 Lk Mall Bessemer, AL 35020-5393
Bessemer metro Census 10200 BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$230k

Owner & transaction history

since 2025
Last sale
$85,000
3 recorded transactions
2025
$85,000
2022
Price N/A
2011
Price N/A

Zoning & alternative use

SC3 · 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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