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301 21st Ave S - 301 21ST AVENUE S & 2105 Joyce St. 47,000 SF Specialty Building Offered For Sale in Birmingham, AL 35205
EXECUTIVE SUMMARY
Sale includes two (2) building structures located on one (1) parcel of land. Both structures have their own separate addresses . Building one (1) located at 2105 Joyce St is 6900
SF and has a 3 year lease that will expire on 03/31/2028 Monthly lease is $5,500 a month with a 5% annual increase.. Cap Rate for the leased building is currently @7%
Building two (2) located at 301 21st Ave S and is currently vacant and undergoing an extensive renovation process. It is 47000 SF. This building will be great for a school, retirement, or multi unit apartment.
SF and has a 3 year lease that will expire on 03/31/2028 Monthly lease is $5,500 a month with a 5% annual increase.. Cap Rate for the leased building is currently @7%
Building two (2) located at 301 21st Ave S and is currently vacant and undergoing an extensive renovation process. It is 47000 SF. This building will be great for a school, retirement, or multi unit apartment.
PROPERTY FACTS
| Sale Type | Investment or Owner User | Building Size | 47,000 SF |
| Property Type | Specialty | No. Stories | 2 |
| Property Subtype | School | Year Built | 1996 |
| Building Class | C | Parking Ratio | 1.38/1,000 SF |
| Lot Size | 4.05 AC | ||
| Zoning | CR5 - Property can be used for commercial or residential use. | ||
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Property Subtype | School |
| Building Class | C |
| Lot Size | 4.05 AC |
| Building Size | 47,000 SF |
| No. Stories | 2 |
| Year Built | 1996 |
| Parking Ratio | 1.38/1,000 SF |
| Zoning | CR5 - Property can be used for commercial or residential use. |
AMENITIES
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 29-00-11-4-010-003.000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $852,560 |
PROPERTY TAXES
Parcel Number
29-00-11-4-010-003.000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$852,560
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301 21st Ave S - 301 21ST AVENUE S & 2105 Joyce St.
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