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341 1st St SW - VaIue Add Investment Opportunity
2.96 Acres of Commercial Land Offered at $2,250,000 in Alabaster, AL 35007
Property Facts
| Price | $2,250,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Mixed Use |
| No. Lots | 1 | Total Lot Size | 2.96 AC |
| Property Type | Land |
| Price | $2,250,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Mixed Use |
| Total Lot Size | 2.96 AC |
1 Lot Available
Lot
| Price | $2,250,000 | Lot Size | 2.96 AC |
| Price Per AC | $760,135 |
| Price | $2,250,000 |
| Price Per AC | $760,135 |
| Lot Size | 2.96 AC |
512 1st St. SW, 341 1st St. SW, and 395 1st St. SW. Three rental buildings on 2.03 +,- acres. 13,540 +,- sf multi bay flex center remodeled in 2023 4,500 +,- and 1,200 +,- sf flex office warehouses Also includes .93 acre lot and former C-Store.
Description
Located at 512 1st St. SW, 341 1st St. SW, and 395 1st St. SW. Alabaster Plaza has three rental buildings on 2.03 +,- acres. 13,540 +,- sf multi bay flex center remodeled in 2023 4,500 +,- and 1,200 +,- sf flex office warehouses Current Gross Income: $172,000 Also includes .93 acre lot and former C-Store. Value Add redevelopment opportunity for owner, user, investor. Zoning allow micro flex, retail, storage. Will sell separately or together. Adjoining Rent a Center also for Sale. 140’ of road frontage on 1st St SW. Immediate access from Hwy 31 and Hwy 119. Only .6 mile from I-65, Exit 238, just off 119. Zoned B-3 General Business, City of Alabaster Alabaster rated 39th Best Place to Live by Money. Remarkable 60% growth in the last 10 years. Over 345,000 residents located within 5 miles. Adjoining 11059 Hwy 119 Also For Sale Once in a life opportunity priced at $2.25 Million. Contact us for details.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $183,220 |
PROPERTY TAXES
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341 1st St SW - VaIue Add Investment Opportunity
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