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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 address. Building one (1) located at 2105 Joyce St is 6900 SF
currently leased but will be vacant AFTER May 26, 2024. Cap Rate for the leased building is currently 7% with the potential to go higher. Building two (2) located at
301 21st Ave S is currently vacant. it is 47000 SF. It is not inhabitable and will need significant repairs as a majority of the HVAC and electrical components have been removed as well,. This building will be great for a school, retirement, or multi unit apartment.
as a number of other items throughout the structure. Owner has no architectural floor plans for either building. Owner willing to negotiate and is motivated to sell.

Property Facts

Sale Type Investment or Owner User
Property Type Specialty
Property Subtype Schools
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

Amenities

  • Signage
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
29-00-11-4-010-003.000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$852,560

zoning

Zoning Code CR5 (Property can be used for commercial or residential use.)
CR5 (Property can be used for commercial or residential use.)
  • Listing ID: 31798225

  • Date on Market: 5/14/2024

  • Last Updated:

  • Address: 301 21st Ave S, Birmingham, AL 35205

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