1707 Reese St

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1707 Reese St

Birmingham, AL 35209
Asking Price
$3.20M
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land spanning 1.34 acres in Birmingham, Alabama.
  • Asking price for this development site is $3,200,000.
  • Strategic positioning within an established commercial submarket of Birmingham.
  • Potential for diverse commercial development projects or retail use.
  • Accessible location supported by regional infrastructure and city commerce.

What's Special

This 1.34-acre commercial land parcel at 1707 Reese St sits within the Birmingham market, an area serving as a primary economic hub for Alabama. The site provides a flexible canvas for developers looking to establish a footprint in this growing metropolitan region. Given the prominent location, the property is suitable for various commercial use cases, potentially supporting retail, office, or service-oriented projects that require proximity to established infrastructure. Birmingham continues to attract investment across diverse sectors, supported by a workforce centered around healthcare, finance, and logistics. The regional landscape offers consistent connectivity, making this asset an efficient choice for stakeholders aiming to leverage existing commercial corridors. Future development here benefits from the city's ongoing economic development initiatives and the broader appeal of the Jefferson County business environment.

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NOI
$80,000
Cap Rate
2.50%
DSCR
0.42
Underwater
Cash-on-Cash
-11.46%
Monthly Payment
$15,831.854
Annual Cash Flow
$-109,982.248

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