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2817 Bessemer Rd 8,200 SF Retail Building Birmingham, AL 35208 $880,000 ($107.32/SF) 8.39% Cap Rate



EXECUTIVE SUMMARY
Primed and ready for a build out to a new large commercial office, retail, or warehouse, with parking lot and signage. Or even keep it as is and have cash flow from four commercial tenants and 7 residential tenants. Downstairs, and accessible from the street behind the building, are five residential units, fully occupied and already cash flowing. Less than a mile from the opportunity zone of the Crossplex Development and Five-Points West shopping and retail district. 21,000+ cars drive past the building every day. Big signage opportunities, as well as rent appreciation and chance to build in new equity for your business' physical building or as purely an investment property. All block construction with interior metal framing and a metal roof. Updated plumbing and electrical.
DATA ROOM Click Here to Access
- Offering Memorandum
- Market Information
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
8,200 SF
Building Class
C
Year Built
1969
Price
$880,000
Price Per SF
$107.32
Cap Rate
8.39%
NOI
$73,800
Tenancy
Single
Building Height
1 Story
Building FAR
0.48
Lot Size
0.39 AC
Opportunity Zone
Yes
Zoning
B2
Parking
10 Spaces (1.22 Spaces per 1,000 SF Leased)
Frontage
125’ on Bessemer Rd
AMENITIES
- Pylon Sign
- Signalized Intersection
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 29-00-05-1-020-012.000 | Total Assessment | $65,480 |
| Land Assessment | $0 | Annual Taxes | $4,747 ($0.58/SF) |
| Improvements Assessment | $0 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
29-00-05-1-020-012.000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$65,480
Annual Taxes
$4,747 ($0.58/SF)
Tax Year
2024
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Bear Flag Property Management
2817 Bessemer Rd
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