540 2Nd AveBirmingham, AL 35204

  • Industrial properties
  • 20,264 SF
For Sale
$1,500,000 View listing

Property Details for 540 2Nd Ave

Year built
1940
Lot size
0.94 AC
Property size (Sq ft)
20,264 SF
Zone code
M1
Property type
Industrial properties
Property subtype
Other warehouses
APN
29-00-02-2-003-002.000
APU
2900022003002000

Description

This exceptional Birmingham, Alabama industrial property offers 30,284 square feet of versatile warehouse and office space, ideally situated on Second Avenue North. The property comprises two buildings: a 1940 masonry structure and a 1980 metal building on a concrete slab. Building one offers approximately 25,500 square feet on the first floor, while building two provides an additional 4,784 square feet on the second floor. The property features both drive-in and one dock-high loading door, catering to diverse operational needs. Zoned M-1 Light Industrial, this location boasts convenient interstate access and close proximity to Birmingham Airport. The asking price is $1,500,000, translating to $49.53 per square foot. A potential sale/leaseback opportunity exists due to the owner's relocation. This presents a unique investment prospect in a prime Birmingham location. The property is located in Jefferson County, Alabama, with the address being 540 2nd Ave N, Birmingham, AL 35204.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,905,735
    Hospitality
    $4,493,627
    Educational
    $3,738,645
    Medical
    $3,867,222
    Retail
    $5,815,670
540 2Nd Ave, Birmingham, Alabama

Location Insight

City
Birmingham
County
Jefferson
State
Alabama
Latitude
33.506
Longitude
-86.8272
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
$6,057
$16,300
$93,100
$109,400
-
$81,500
$465,500
$547,000

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