201 Milan Pky
Birmingham, AL 35211
Land For Sale
·
55.26 AC
Property Facts
| Property Type | Land | Total Lot Size | 55.26 AC |
| Property Subtype | Commercial | No. Stories | 3 |
| Zoning | MXD - Planned Mixed Use Development | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 55.26 AC |
| No. Stories | 3 |
| Zoning | MXD - Planned Mixed Use Development |
Description
Cushman & Wakefield, Inc. (C&W), in conjunction with EGS Commercial Real Estate, is pleased to offer the opportunity to acquire 201 Milan Parkway, Birmingham, AL. Owned and formerly occupied by Regions Bank, this 55-acre campus provides a unique acquisition opportunity to transform the property to a mixed-use or multi-family residential development. Based upon the campus design, parcel size/configuration, and orientation of the building, there is significant development opportunity. The Class A Office building (±296,438 SF) is a valuable component to the overall campus with its efficient floor plates, substantial infrastructure, and raised floor (ground level). The property has been very well maintained and shows strong pride of ownership. Offering Price - $19,500,000 An attractive cost basis at a substantial discount to replacement cost
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $362,800 | Total Assessment | $3,744,000 |
Property Taxes
