2308 2Nd AveBirmingham, AL 35233

Property Details for 2308 2Nd Ave

Year built

1960

Lot size

0.16 AC

Property size (Sq ft)

4,000 SF

Zone code

M1

Property type

Investment properties

Property subtype

Live-work space

APN

22-00-36-1-017-004.000

APU

2200361017004000

Description

This exceptional 3,750-square-foot warehouse building is available for lease, offering a single-tenant occupancy in a highly desirable Jefferson County location. Situated along Second Avenue South, this property benefits from convenient access to US 31 and Highway 280, ensuring seamless transportation for your business. The building features a single story and boasts a convenient roll-up door for easy loading and unloading. A significant advantage is the inclusion of a gravel lot in the rear, providing ample space for storage or maneuvering, supplemented by readily available street parking. The property's M-1 zoning allows for a variety of industrial uses. The building's prominent location near the Rotary Trail and The Battery presents a unique opportunity for enhanced visibility and brand recognition. Take advantage of the excellent signage opportunity to increase your company's presence. This is a fantastic opportunity for a business seeking a functional and well-located warehouse space with immediate availability. The entire 3,750 square feet is currently vacant and ready for immediate occupancy. The property consists of one building. Don't miss this chance to secure this prime warehouse space.

• CAP approach

  CAP return

  Valuation

  6%

  $846,017

  6.5%

  $780,939

  7%

  $725,158

• Comparable approach

  Method

  Valuation

  Relative Method

  $651,560

  Geo Method

  $780,240

• Alternative Use

  Use

  Valuation

  Residential

  $968,365

  Hospitality

  $887,017

  Educational

  $737,988

  Medical

  $763,368

  Retail

  $1,147,981

Location Insight

City

Birmingham

County

Jefferson

State

Alabama

Latitude

33.5134

Longitude

-86.7988

CBSA code

13820

CBSA name

BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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