131 Vann StHueytown, AL 35023

  • Commercial land
  • 3.76 AC
For Sale
$75,000 View listing

Property Details for 131 Vann St

Lot size
3.76 AC
Zone code
B3
Property type
Commercial land
APN
30-00-20-3-003-063.001
APU
3000203003063001

Description

This exceptional 3.76-acre vacant land parcel presents a compelling investment opportunity in the thriving Hueytown, Alabama market. Ideally situated adjacent to the bustling Hueytown Shopping Center, this property enjoys high visibility and convenient access to major thoroughfares, ensuring strong potential for a variety of commercial developments. Currently zoned B3, allowing for apartment construction, the site offers significant flexibility for developers. The existing zoning provides a solid foundation for immediate project commencement, while the possibility of rezoning opens doors to even broader development options, catering to a wider range of commercial uses. Given its prime location and versatile zoning, this property represents a rare chance to capitalize on the growing demand for commercial space in Hueytown. The expansive acreage provides ample room for a substantial development, maximizing return on investment. Prospective buyers are encouraged to explore the numerous possibilities this exceptional site offers, from multi-family residential to complementary retail or commercial ventures. Its strategic location near the established shopping center guarantees high foot traffic and strong consumer presence, making it an attractive proposition for businesses seeking a vibrant and accessible location. The substantial lot size allows for creative and expansive development plans, tailored to meet the specific needs of the future owner. This is a unique opportunity to acquire a highly desirable piece of land in a rapidly developing area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $72,461,500
    Retail / Commercial
    $36,940,100
    Mixed-Use / Specialty
    $36,636,700
    Hospitality / Lodging
    $26,655,700
    Office
    $36,240,300
    Institutional / Educational
    $38,026,100
    Residential Income
    $44,490,500
    Multifamily
    $54,311,100
    Automotive / Energy
    $32,593,800
    Parking / Income-Based Land
    $11,417,300
    Restaurant / Food Service
    $18,688,700
    Healthcare / Senior Housing
    $37,746,300

Location Insight

City
Bessemer
County
Jefferson
State
Alabama
Latitude
33.454
Longitude
-86.9838
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
$709
$11,800
-
$11,800
-
$59,000
-
$59,000

FAQs

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