831 19Th StBessemer, AL 35020

  • Mixed-use properties
  • 2,565 SF
For Sale
$155,000 View listing

Property Details for 831 19Th St

Year built
1940
Lot size
0.15 AC
Property size (Sq ft)
2,565 SF
Zone code
C4
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
38-00-04-4-033-007.000
APU
3800044033007000

Description

This exceptional 0.15-acre commercial property, located at 831 N 19TH STREET in Bessemer, Alabama, presents a fantastic opportunity for entrepreneurs seeking high visibility and excellent traffic flow. Situated on a prominent corner lot, this property boasts significant potential for a variety of businesses. The "as-is" sale condition allows for creative flexibility in development and customization to perfectly suit your business needs. The strategic location ensures maximum exposure to potential customers, making it an ideal site for retail, service-based businesses, or other commercial ventures. The property's size offers ample space for building construction or expansion, depending on your specific requirements. Given the high traffic volume in this area, this property offers a unique chance to establish a thriving business in a bustling location. The asking price of $155,000 represents a compelling investment opportunity in a desirable Bessemer commercial zone. Serious inquiries are encouraged to explore the possibilities this prime location offers. Act quickly, as opportunities like this are rare. The property is sold as-is.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $542,509
    6.5%
    $500,777
    7%
    $465,007
  • Comparable approach

    Method
    Valuation
    Relative Method
    $417,813
    Geo Method
    $500,329
  • Alternative Use

    Use
    Valuation
    Residential
    $620,964
    Hospitality
    $568,800
    Educational
    $473,234
    Medical
    $489,510
    Retail
    $736,143
831 19Th St, Bessemer, Alabama

Location Insight

City
Bessemer
County
Jefferson
State
Alabama
Latitude
33.4069
Longitude
-86.9604
CBSA code
13820
CBSA name
BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$702
$5,320
$6,800
$12,120
-
$26,600
$34,000
$60,600

FAQs

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