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Narrows Dr
Birrmingham, AL 35242
Asking Price
$1.30M
Asset Type
Commercial Land
Class
Class B
What's Special
Land <p>Positioned in the highly desirable Narrows corridor of Birmingham in Shelby County, this land offering presents a rare opportunity to acquire a well-located parcel in one of the area’s most established and accessible submarkets. The property consists of approximately ±2.92 acres and is currently zoned B-2, allowing for a variety of commercial or service-oriented uses. With strong surrounding development and continued growth along the Highway 280 corridor, this site is well-positioned for futu
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NOI
$80,000
Cap Rate
6.16%
DSCR
1.04
Tight
Cash-on-Cash
0.74%
Monthly Payment
$6,426.743
Annual Cash Flow
$2,879.081