Eagle Ridge Drive

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Eagle Ridge Drive

Birmingham, AL 35242
Asking Price
$439K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • Commercial land parcel available for sale in Birmingham
  • Total site area spans approximately 1.54 acres
  • Lot measures approximately 67,030 square feet in size
  • Property is listed at an asking price of $439,000
  • Site is positioned near the 35242 ZIP code area

What's Special

Birmingham serves as a central economic hub for Alabama, supporting a diverse range of industries and a steady population base. This 1.54-acre parcel on Eagle Ridge Drive in the 35242 ZIP code benefits from the growth trends seen across the metro area. Spanning approximately 67,030 square feet, the site presents a strategic position for commercial development. The land is well-suited for businesses looking to establish a footprint in a suburban environment with connectivity to surrounding infrastructure. Investors and developers may evaluate the property for various commercial applications that leverage its size and geographic placement within this established market corridor. The tract provides sufficient scale to accommodate site plans requiring dedicated building footprints, parking, or external utility space in a professional commercial setting.

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NOI
$80,000
Cap Rate
18.22%
DSCR
3.07
Strong
Cash-on-Cash
40.95%
Monthly Payment
$2,171.932
Annual Cash Flow
$53,936.81

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