1425 Lomb AveBirmingham, AL 35208

Property Details for 1425 Lomb Ave

Year built

1972

Lot size

0.22 AC

Property size (Sq ft)

1,720 SF

Zone code

M1

Property type

Warehouses

APN

29-00-04-2-046-004.001

APU

2900042046004001

Description

This exceptional investment opportunity encompasses three buildings situated on a 0.06-acre lot at 1425 Lomb Avenue in Birmingham, Alabama's thriving West End community. Priced at $170,000, this property offers significant potential for both investors and owner-users. Its prime location provides easy access to major interstates, placing it within minutes of downtown Birmingham, Princeton Baptist Medical Center, and the Birmingham CrossPlex. The area also boasts a vibrant selection of local restaurants and shops, ensuring high visibility and foot traffic. Currently generating an annual income of $23,100 from four long-term tenants, the property features month-to-month leases, offering flexibility and potential for future rent increases. The high-traffic location and established tenancy make this a compelling investment prospect with strong potential for future growth and appreciation. This is a rare chance to acquire a well-positioned commercial property in a rapidly developing area of Birmingham. The three-building complex presents a unique opportunity for immediate income generation and long-term value appreciation. The property's strategic location and current tenant occupancy make it an attractive investment for those seeking a stable and profitable commercial venture.

Location Insight

City

Birmingham

County

Jefferson

State

Alabama

Latitude

33.5001

Longitude

-86.861

CBSA code

13820

CBSA name

BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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