130 Vly AveHomewood, AL 35209

Property Details for 130 Vly Ave

Year built

1971

Lot size

0.40 AC

Property size (Sq ft)

432 SF

Zone code

I4

Property type

Office properties

APN

29-00-22-2-000-009.000

APU

2900222000009000

Description

This 7,536-square-foot industrial warehouse in Homewood, Alabama, offers a prime location with excellent road frontage and visibility. Situated just one mile from I-65 Exit 256, this single-tenant property boasts 902 square feet of office space and 6,474 square feet of warehouse space. The warehouse area is divided into two sections: a 4,532-square-foot area with a drive-in door and a 1,944-square-foot area with a dock-high door. The building features impressive ceiling heights, ranging from 9.8 feet to the beam to 13.6 feet to the roof. A significant advantage is the inclusion of built-in cooler and freezer space, each totaling 462 square feet, equipped with multiple refrigeration units (two in the freezer and three in the cooler). The owner is willing to remove the cooler and freezer upon request. Additional features include two and a half bathrooms, a pole sign for enhanced visibility, and the option to lease or purchase two forklifts and existing warehouse racking. The property is zoned C-5 City of Jefferson County and is readily available.

• CAP approach

  CAP return

  Valuation

  6%

  $91,370

  6.5%

  $84,341

  7%

  $78,317

• Comparable approach

  Method

  Valuation

  Relative Method

  $70,368

  Geo Method

  $84,266

• Alternative Use

  Use

  Valuation

  Residential

  $104,583

  Hospitality

  $95,798

  Educational

  $79,703

  Medical

  $82,444

  Retail

  $123,982

Location Insight

City

Birmingham

County

Jefferson

State

Alabama

Latitude

33.4609

Longitude

-86.8408

CBSA code

13820

CBSA name

BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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