Opportunity Zone 1.5 Acres for Sale

1112 Decatur Highway Fultondale, AL 35068

1112 Decatur Highway, Fultondale, AL, 35068
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FOR SALE
Property Type:
Free Standing Building
Amount:
$699,000
Last Verified:
Mar 30, 2024

Highlights

  • - 1,601 SF renovated building in Birmingham, AL area
  • - Opportunity Zone location with strong investment potential
  • - Level lots and city utilities for ease of development
  • - New roof installed in 2024 for long-term durability
  • - Prime location on main commuter route for high visibility
  • - Conveniently situated just 1 mile from I-65 for easy access

Description

Impeccably renovated in 2023, this 1,601 SF free-standing building presents a prime investment opportunity in the dynamic Birmingham, AL market. Boasting a new roof as of 2024, the property offers level lots and city utilities, all within an Opportunity Zone. Situated along a main commuter route and just one mile from I-65, its strategic location ensures high visibility and accessibility. This meticulously-maintained property is an ideal choice for retail investors seeking a standout asset with strong growth potential in a sought-after location.

Discover a prime investment opportunity in Fultondale, AL, just minutes away from the dynamic Birmingham market. Positioned on 1.5 acres within an Opportunity Zone, this strategic location offers access to a thriving retail landscape. Nearby attractions such as the Fultondale Promenade and the Colonial Promenade Tannehill showcase the area's appeal for retail and free-standing building investors. With easy access to major transportation routes and a steady flow of daily commuter traffic, the surrounding area presents a compelling opportunity for investors seeking to capitalize on the vibrant retail market of Birmingham, AL. With a growing population and strong economic momentum, the location provides a promising investment prospect for retail and free-standing building investors.

Building Size: 1601sq ft
Lot Size: 1.5 acres


Documents

Sale Flyer (L)
Offering Memorandum

Map of 1112 Decatur Highway, Fultondale, AL, 35068

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.