831 19Th StBessemer, AL 35020
- Mixed-use properties
- 2,565 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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- How can I contact the broker?
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