$10,358,929 USD
205-271-7228
HIGHLIGHTS
- 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 & uses, environmental reports and ADEM No Further Action Let
OVERVIEW
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.
FOR SALE DETAILS
PRICE
$10,358,929 USD
PRICE/ACRE
$2,526,568/AC
PRICE/SF
$58 USD /SF
# OF LOTS
-
LAND DETAILS
PROPERTY NAME
Sherman Plant
PROPERTY TYPE
Land
PROPERTY SUBTYPE
Commercial
LAND PROPOSED USE
Commercial, Industrial, Retail, Apartment Units, Hotel
LAND ACRES
4.1 AC
LAND SF
178,596 SF
OFFSITE IMPROVEMENTS
Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation
ZONING
MU-D
APN/PARCEL ID
29-00-02-1-006-001.000,29-00-02-1-006-002.000
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205-271-7228
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205-271-7228
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