100 19Th StIrondale, AL 35210

Property Details for 100 19Th St

Year built

1955

Lot size

0.28 AC

Property size (Sq ft)

5,801 SF

Zone code

C2

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

23-00-24-3-047-005.000

APU

2300243047005000

Description

This exceptional 5,801-square-foot flex building presents a unique investment opportunity in Irondale, Alabama. Located at 100 19th St N, this single-story Class A property boasts a desirable C2 zoning designation, offering versatility for a range of commercial uses. Built in 1955, the building features a spacious layout with a 13-foot ceiling height, ideal for various business needs. The property includes three roll-up doors, providing convenient access for loading and unloading, and two restrooms for employee and customer convenience. A small, fenced-in outdoor storage yard offers additional space, potentially usable as extra parking. The 0.28-acre lot provides ample room for operations and maneuvering. Currently vacant, this fee-simple ownership opportunity is priced at $750,000, translating to $129.29 per square foot. The net rentable area is 5,801 square feet. This property's prime location and flexible zoning make it an attractive option for businesses seeking a versatile and well-situated space in a thriving market. The property is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $1,226,937

  6.5%

  $1,132,557

  7%

  $1,051,660

• Comparable approach

  Method

  Valuation

  Relative Method

  $944,925

  Geo Method

  $1,131,543

• Alternative Use

  Use

  Valuation

  Residential

  $1,404,371

  Hospitality

  $1,286,396

  Educational

  $1,070,266

  Medical

  $1,107,074

  Retail

  $1,664,859

Location Insight

City

Irondale

County

Jefferson

State

Alabama

Latitude

33.5384

Longitude

-86.7087

CBSA code

13820

CBSA name

BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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