Listed by Southpace Properties Inc.
Unpriced
Sherman Plant - Parkside
Details
Property Type Retail, Office
Sub Type Commercial
Stories 2
Acreage 4.100
Zoning MUD
Retail
Marketing description
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.
Located in the Parkside District, adjacent to The University of Alabama, Birmingham. UAB is the largest employer in Alabama with over 24,000 employees and has a student population of 22,000. The rapidly growing Parkside District, located in the heart of downtown Birmingham, is seeing an influx of new restaurants and entertainment venues.
Investment highlights
- Sale Price: $58.00 / SF
- 2 Lots - can be adjusted 4.1 Acres
- Lot 1: 0.98 Acres
- Lot 2: 3.1 Acres
- 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.
Listing Contacts
Listed by Southpace Properties Inc.
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