185 Oxmoor RdBirmingham, AL 35209
- Retail properties
- 1,713 SF
Property Details for 185 Oxmoor Rd
- Year built
- 1972
- Lot size
- 0.82 AC
- Property size (Sq ft)
- 1,713 SF
- Zone code
- C3
- Property type
- Retail properties
- Property subtype
- Drive through restaurants
- APN
- 29-00-23-2-003-004.000
- APU
- 2900232003004000
Description
This exceptional 8,000-square-foot retail property, situated on a 0.82-acre lot in Birmingham, Alabama's vibrant Jefferson County, presents a compelling investment opportunity. Currently configured as a single-tenant restaurant, the building offers significant potential for redevelopment or repurposing. The property's address is 185 Oxmoor Rd, Birmingham, AL 35209. While the existing structure encompasses 8,000 square feet, there is an additional 35,719 square feet of vacant land, offering substantial expansion possibilities. This presents a unique chance to capitalize on the high-traffic location and create a larger-scale commercial venture. The property's classification as a retail space with a restaurant subtype suggests a strong history of commercial activity, making it an attractive prospect for various businesses. The ample lot size provides flexibility for future development, allowing for significant expansion or the addition of complementary businesses. This location in Jefferson County offers excellent access to major transportation routes and a thriving local community, ensuring high visibility and potential for strong returns. The property's existing infrastructure provides a solid foundation for immediate occupancy or extensive renovation, depending on the investor's vision. This is a rare opportunity to acquire a substantial commercial property in a prime Birmingham location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $532,591
- 6.5%
- $491,623
- 7%
- $456,507
-
Comparable approach
- Method
- Valuation
- Relative Method
- $703,157
- Geo Method
- $842,027
-
Alternative Use
- Use
- Valuation
- Residential
- $414,702
- Hospitality
- $379,865
- Educational
- $316,043
- Medical
- $326,912
- Retail
- $491,623
Location Insight
- City
- Birmingham
- County
- Jefferson
- State
- Alabama
- Latitude
- 33.461
- Longitude
- -86.828
- CBSA code
- 13820
- CBSA name
- BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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