2.61 Acres w/ Building in Leeds, AL Redevelopment Property.

7601 Parkway Dr Leeds, AL 35094

7601 Parkway Dr, Leeds, AL, 35094
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FOR SALE
Property Type:
Other Land
Amount:
$350,000
Last Verified:
Apr 07, 2025

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Highlights

  • - Zoned B2
  • - Prime location in the thriving Leeds area
  • - 2.61 acres offers opportunity for expansion or additional business

Description

2.61 acres level, wooded on back 2/3 of property. Open area with building situated at road frontage. This property located on Parkway Dr/ Hwy 78 in Leeds AL offers a great opportunity for redevelopment at a great price! Former restaurant building could be repurposed for any business venture or demolished to make way for something brand new.


Located in the city of Leeds, AL, this property offers access to a growing business community. Situated close to the downtown area, the property provides convenient access to a variety of restaurants, shops, and amenities. With easy access to major transportation routes and a diverse range of nearby attractions, including the Barber Vintage Motorsports Museum and the Talladega Superspeedway, as well as Logan Martin Lake and close proximity to the Birmingham Medical, Business, and Entertainment districts, the location appeals to investors seeking a strong environment for their restaurant venture. Offering opportunities for growth and success.


Year Built: 1978
Building Size: 3164sq ft
Lot Size: 2.6 acres


Documents

2024 Offering Memorandum (L)

Map of 7601 Parkway Dr, Leeds, AL, 35094

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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.
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