2736 Central AveHomewood, AL 35209

Property Details for 2736 Central Ave

Year built

1999

Lot size

0.19 AC

Property size (Sq ft)

3,981 SF

Zone code

C3

Property type

Retail properties

APN

28-00-07-3-009-018.000

APU

2800073009018000

Description

This exceptional 3,682 square foot flex/warehouse property is situated at 2736 Central Avenue in the heart of Downtown Homewood, Alabama (zip code 35209). Built in 1999, this property boasts a highly desirable C-4 zoning designation from the City of Homewood. The building offers a rare opportunity to own a commercial space on one of Homewood's busiest thoroughfares. This prime location benefits from significant recent retail development and renovations in the surrounding area, reflecting Downtown Homewood's thriving business environment. The property's versatile flex/warehouse configuration makes it suitable for a variety of commercial uses. Its strategic location within a revitalized downtown district ensures high visibility and accessibility, making it an attractive investment opportunity for businesses seeking a prominent presence in a flourishing community. The property is located in Jefferson County and offers excellent access to major transportation routes. This is a unique chance to acquire a well-positioned commercial property in a dynamic and growing area.

• CAP approach

  CAP return

  Valuation

  6%

  $1,237,738

  6.5%

  $1,142,528

  7%

  $1,060,918

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,634,132

  Geo Method

  $1,956,865

• Alternative Use

  Use

  Valuation

  Residential

  $963,765

  Hospitality

  $882,803

  Educational

  $734,482

  Medical

  $759,742

  Retail

  $1,142,528

Location Insight

City

Birmingham

County

Jefferson

State

Alabama

Latitude

33.4801

Longitude

-86.7953

CBSA code

13820

CBSA name

BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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