1601 4Th AveBirmingham, AL 35203
- Commercial real estate
- 0.64 AC
Property Details for 1601 4Th Ave
- Lot size
- 0.64 AC
- Zone code
- B4
- Property type
- Commercial real estate
- APN
- 22-00-36-2-041-005.000
- APU
- 2200362041005000
Description
This exceptional 0.64-acre commercial land parcel, totaling 28,000 square feet, presents a unique investment opportunity in Birmingham's vibrant Civil Rights District. The property boasts a prime location, situated within two blocks of renowned landmarks such as the Birmingham Civil Rights Institute, Kelly Ingram Park, and the McWane Science Center, ensuring high visibility and accessibility. Offering ample parking capacity for 64-72 vehicles, this lot is ideally suited for a variety of uses, including long-term leasing or development. The lot features a secure perimeter, fenced with bollards and braided steel cable on the alley and one side, and ornamental iron links on the street sides. Convenient gate access is available from both streets and the alley. With a frontage of 200 feet and dimensions of approximately 200' x 140', this property offers significant potential for investors seeking a strategic foothold in a thriving urban core. Its proximity to major attractions, businesses, and cultural institutions makes it an attractive option for both short-term and long-term parking needs. The property's location within the Civil Rights District Neighborhood, a submarket cluster of the Central Business District (CBD), further underscores its value and potential for growth. The APN is 22 00 36 2 041 005.000, and the cross street is 16th Street. This is a single-tenant property with no existing buildings.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $6,778,552
- Hospitality
- $6,209,117
- Educational
- $5,165,912
- Medical
- $5,343,576
- Retail
- $8,035,864
Location Insight
- City
- Birmingham
- County
- Jefferson
- State
- Alabama
- Latitude
- 33.5145
- Longitude
- -86.8126
- 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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