2324 1st Ave N
Birmingham, AL 35203
Parking Lot · Land For Sale
·
0.32 AC
Investment Highlights
- Rarely do undeveloped lots go on the market for sale in downtown Birmingham
- 41,000+ cars per day passing the 1st Ave N/24th Street N intersection
- A retail/office building could be built and you could have onsite parking
- Curb cuts are in place on both 1st Ave North and 24th Street North
Property Facts
Description
The subject property is currently used as a parking lot, but is likely best suited for an office building or a bar/restaurant concept. The subject property sits in the historic loft district of downtown. This area is thriving with new restaurants, bars, lofts, and office redevelopments. This area has seen as much redevelopment as any other area in the State of AL. Property values are increasing as well as rental rates. This 14,000 SF parking lot sits on the NW corner of one of the busiest intersections in downtown Birmingham. This corner lot sits on 1st Ave N/US Hwy 11 which has 27,000+ cars per day and 24th Street North has 14,000+ cars per day. The property sits just a few blocks from the on and exit ramps off of the Red Mountain Expressway.
Property Taxes
| Parcel Number | 22-00-36-1-022-016.000 | Improvements Assessment | $0 |
| Land Assessment | $44,800 | Total Assessment | $44,800 |
Property Taxes
