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For Sale

Sherman Plant - Parkside

1120 2nd Avenue South,
Birmingham, AL 35233
Represented by
Southpace Properties - Main

Asset Snapshot

4.10 Acres
Land Area

Offering Summary

Investment Overview

2 contiguous parcels, totaling approximately 4.1 acres, with the option to adjust parcel sizes to meet the buyer's requirements Zoning - MUD, which allows for mixed use development. There are no stated parking, setback or height restrictions. The zoning allows for dense, mixed use, retail, office or entertainment. It also allows for residential apartments, student housing, townhomes and condominiums.


Investment Highlights

  • Located in the Opportunity Zone
  • Largest undeveloped contiguous property in the Parkside/UAB area
  • Urban infill site high barriers to entry
  • Potential tax credits/abatements available for the development of this property
  • Upon signing a CA, due diligence items available include Comps, various conceptual plans and uses, environmental reports and ADEM No Further Action Letters.

How it Works

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Listing Syndicated From

Buildout
For Sale
$10,358,568
Asking Price

Investment Sales Brokers

Michael Randman
Southpace Properties - Main
Michael Randman
Southpace Properties - Main