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High Visibility Commercial/MFR Dev. Site 2451 Green Springs Hwy 9.9 Acres of Commercial Land Online Auction Sale Birmingham, AL 35209
Investment Highlights
- Offered through an absolute auction, acquire a visible, strategically located tract in one of the Birmingham area's most sought-after growth markets.
- Direct access to Green Springs Highway and visibility to over 20,800 vehicles per day provides exceptional exposure for future development projects.
- Demographics include roughly 85,000 residents within 3 miles, nearly $1B in consumer spending, and a median age of 34, supporting long-term demand.
- QB-2 zoning flexibility creates an attractive opportunity for various multifamily and commercial concepts in a supply-constrained community.
- Positioned less than 2 miles from UAB and UAB Hospital, the site benefits from proximity to one of Alabama’s largest employment centers.
- Adjacent to the Vulcan Trail and accessible to Downtown Birmingham, offering placemaking features that enhance project appeal and future asset value.
Executive Summary
Spanning approximately 9.90 acres in a desirable Birmingham infill location, 2451 Green Springs Highway presents a rare absolute auction opportunity in the thriving Homewood submarket. Positioned on the edge of Southside with excellent frontage along Green Springs Highway, the property offers outstanding visibility to about 20,830 vehicles per day (VPD). Its strategic location near Interstate 65 provides swift access to the region’s major employment centers, retail corridors, and entertainment destinations.
Zoned QB-2 by the City of Birmingham, the site is well-suited for a variety of development concepts, including multifamily, mixed-use, office, retail, or a combination of uses. The property directly abuts the popular Vulcan Trail, creating a unique opportunity to incorporate walkability, outdoor recreation, and connectivity into a future development. As Birmingham continues to experience outward growth and increasing demand for urban-adjacent housing, the site offers significant potential for a transformative residential or mixed-use project.
Homewood has long been recognized as Alabama’s most walkable city, attracting residents with its highly rated school system, historic character, vibrant downtown, and quality of life amenities. The area continues to strengthen as an economic powerhouse, highlighted by the construction of the new Morgan Stanley headquarters and ongoing investment throughout the market. Just 2 miles away, the University of Alabama at Birmingham and UAB Hospital serve as major employment anchors, supporting more than 28,000 jobs and generating consistent demand for nearby housing, retail, and services.
Surrounding demographics further reinforce the site’s development appeal. Approximately 85,000 residents live within a 3-mile radius, contributing nearly $1 billion in annual consumer spending. A median age of just 34 reflects a young, growing population, while roughly 61% of local housing is renter-occupied, underscoring strong demand for multifamily and renter-focused development opportunities.
Property tours are by appointment only. Please contact the listing broker to schedule.
Zoned QB-2 by the City of Birmingham, the site is well-suited for a variety of development concepts, including multifamily, mixed-use, office, retail, or a combination of uses. The property directly abuts the popular Vulcan Trail, creating a unique opportunity to incorporate walkability, outdoor recreation, and connectivity into a future development. As Birmingham continues to experience outward growth and increasing demand for urban-adjacent housing, the site offers significant potential for a transformative residential or mixed-use project.
Homewood has long been recognized as Alabama’s most walkable city, attracting residents with its highly rated school system, historic character, vibrant downtown, and quality of life amenities. The area continues to strengthen as an economic powerhouse, highlighted by the construction of the new Morgan Stanley headquarters and ongoing investment throughout the market. Just 2 miles away, the University of Alabama at Birmingham and UAB Hospital serve as major employment anchors, supporting more than 28,000 jobs and generating consistent demand for nearby housing, retail, and services.
Surrounding demographics further reinforce the site’s development appeal. Approximately 85,000 residents live within a 3-mile radius, contributing nearly $1 billion in annual consumer spending. A median age of just 34 reflects a young, growing population, while roughly 61% of local housing is renter-occupied, underscoring strong demand for multifamily and renter-focused development opportunities.
Property tours are by appointment only. Please contact the listing broker to schedule.
Offering Memorandum Click Here to Access
Data Room Click Here to Access
- Operating and Financial Statements
- Purchase Agreement
- Marketing Information
Property Facts
| Property Type | Land | Total Lot Size | 9.90 AC |
| Property Subtype | Commercial | Sale Condition | Auction Sale |
| Sale Type | Investment | Type of Ownership | Fee Simple |
| Zoning | QB-2 - General Business District | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Sale Type | Investment |
| Total Lot Size | 9.90 AC |
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Zoning | QB-2 - General Business District |
1 Lot Available
Lot
| Lot Size | 9.90 AC | Parcel Number | 29-00-14-2-001-002.000 |
| Lot Size | 9.90 AC |
| Parcel Number | 29-00-14-2-001-002.000 |
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Sale Advisors
Sale Advisors
Phil Dorn, Owner/Broker
Phil Dorn, Jr. serves as Broker/Owner of Jemison Realty Co., one of Birmingham's longest-standing commercial real estate firms. He specializes in commercial brokerage, investment sales, leasing, and property management, guiding clients through a wide range of real estate opportunities while maintaining a client-focused approach built on long-term relationships and market expertise.
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Auction Contact
Kevin Loudy
Contact
Auctioneer License:
Ten-X, LLC Jessica Anne Figueroa RE Brkr 000107846-0 Ten-X, Inc. dba Ten-X Commercial, Inc. Auction Firm C315; Samantha Corbat Auctioneer A5662
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000
Maximum Transaction Fee
$300,000
Example Calculation
Winning Bid Amount
$5,000,000
Transaction Fee
$150,000 (3%)
Total Purchase Price
$5,150,000
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High Visibility Commercial/MFR Dev. Site | 2451 Green Springs Hwy
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