5105 Cyrus Cir - Commercial LAND FOR SALE
Birmingham, AL 35242 | 49,245 SF
$350,000 USD
205-617-5138
5105 Cyrus Cir
Birmingham, AL 35242
OVERVIEW
Prime investment opportunity in the heart of Hoover / Inverness, but with an Unincorporated status. Lot 5 (0.5 AC) is already generating passive income through parking leased to adjacent business through July 2027 (option to renew). List price reflects an 8% cap rate for Lot 5, with Lot 4 thrown in at $87,500
FOR SALE DETAILS
PRICE
$350,000 USD
PRICE/ACRE
$309,594/AC
PRICE/SF
$7 USD /SF
# OF LOTS
-
LAND DETAILS
PROPERTY TYPE
Land
PROPERTY SUBTYPE
Commercial
LAND PROPOSED USE
Commercial, Office, Health Care, Health Club, Hold for Investment, Lodge/MeetingHall, Medical, Parking Lot, Religious Facility, Warehouse
LAND ACRES
1.13 AC
LAND SF
49,245 SF
OFFSITE IMPROVEMENTS
-
ZONING
O/I
APN/PARCEL ID
10-1-11-0-001-010-004,10-1-11-0-001-010-005,10-1-11-0-001-010-006
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
205-617-5138
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
205-617-5138
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
