651 Black Crk RdFultondale, AL 35217

Property Details for 651 Black Crk Rd

Year built

2000

Lot size

1.80 AC

Property size (Sq ft)

1,250 SF

Zone code

M1

Property type

Office properties

APN

13-00-30-1-000-002.003

APU

1300301000002003

Description

This exceptional industrial property, located at 651 Black Creek Road in Birmingham, Alabama, presents a unique investment opportunity. Priced at $2,700,000 ($135/sq ft), this 18,000 square foot facility combines warehouse and manufacturing space with an established auto body shop. The property includes a fully renovated office and showroom area featuring a spacious waiting room, a 20x20 office, a public bathroom, and a dedicated computer room. The main shop boasts a mixing room, additional bathroom, office space, and ample bay doors – three in the front and two in the rear. A substantial 75-foot concrete pad at the rear offers expansion potential. The property also includes a paint booth, ideal for auto body repair, and benefits from railroad tracks directly behind the building. Approximately 5,000 square feet is currently leased to another business, generating rental income for the new owner. The sale includes the building, land, all existing auto body shop equipment, and the established client base. This turnkey operation is situated in Jefferson County, Alabama, with a zip code of 35217. The property's value is subject to appraisal.

• CAP approach

  CAP return

  Valuation

  6%

  $264,380

  6.5%

  $244,044

  7%

  $226,612

• Comparable approach

  Method

  Valuation

  Relative Method

  $203,612

  Geo Method

  $243,825

• Alternative Use

  Use

  Valuation

  Residential

  $302,614

  Hospitality

  $277,193

  Educational

  $230,621

  Medical

  $238,553

  Retail

  $358,744

Location Insight

City

Birmingham

County

Jefferson

State

Alabama

Latitude

33.6163

Longitude

-86.7856

CBSA code

13820

CBSA name

BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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