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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
34429141
34429345

524 Red Lane Road, Birmingham, AL 35215 For Sale

The Chandler Group, LLC
Listed by The Chandler Group, LLC
$800,000
3 days on market
Updated 3 days ago

Red Lane Plaza

Details
APN 1300363010005001
Property Type Office
Square Footage 6,635
Units 6
Pro-Forma Cap Rate 12.04%
Pro-Forma NOI $96,280
Price per SqFt $121
Class B
Year Built 2000
Year Renovated 2024
Buildings 1
Lot Size (SqFt) 21,344
Zoning CB-2
Parking Spaces 18 spaces
Parking per 1,000 SqFt 2.71

CASH FLOW OFFICE INVESTMENT

Marketing description

Strategically positioned in a highly visible commercial area with convenient access to major highways, the property benefits from strong demographics, excellent accessibility, and close proximity to retail centers, restaurants, financial institutions, and other business services. Its desirable location continues to attract professional office users seeking convenience and accessibility.

Whether you are completing a 1031 exchange, expanding your commercial real estate portfolio, or seeking a stable, income-generating asset with appreciation potential, this office building presents an exceptional opportunity. Investors will appreciate the property's consistent cash flow, diversified tenant base, and potential for continued value creation in a strong commercial market.

Investment highlights

  • Strong Traffic Count
  • Ample On Site Parking
  • Immediate Cash Flow from daycare
  • Favorable Tenant
  • Close to restaurants, banks, and retail
  • Recent Renovations
  • Low Operating Expenses

Listing Contacts

The Chandler Group, LLC
Listed by The Chandler Group, LLC

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