540 2Nd AveBirmingham, AL 35204
- Industrial properties
- 20,264 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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