301 21st Ave S - Schools FOR SALE


Birmingham, AL 35205
$899,000 USD
205-515-1012
301 21st Ave S, Birmingham, AL for Sale
$899,000 USD
Schools - FOR SALE
1/70
null | Request Cap Rate

301 21st Ave S
Birmingham, AL 35205


OVERVIEW

Sale includes two (2) building structures located on one (1) parcel of land. Both structures have their own separate address. Building one (1) located at 2105 Joyce St is 6900 SF currently leased but will be vacant AFTER May 26, 2024. Cap Rate for the leased building is currently 7% with the potential to go higher. Building two (2) located at 301 21st Ave S is currently vacant. it is 47000 SF. It is not inhabitable and will need significant repairs as a majority of the HVAC and electrical components have been removed as well,. This building will be great for a school, retirement, or multi unit apartment. as a number of other items throughout the structure. Owner has no architectural floor plans for either building. Owner willing to negotiate and is motivated to sell.

FOR SALE DETAILS

PRICE

$899,000 USD

PRICE/SF

$19 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

301 21ST AVENUE S & 2105 Joyce St.

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

65

LAND DETAILS

LAND ACRES

4.05 AC

LAND SF

176,418 SF

ZONING

CR5

APN/PARCEL ID

29-00-11-4-010-003.000

ASK ABOUT THIS PROPERTY

Mo DeebMo Deeb Realty Group Inc.More Info
205-515-1012

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Mo DeebMo Deeb Realty Group Inc.More Info
205-515-1012

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.