524 Red Lane Rd - Medical FOR SALE


Birmingham, AL 35215
$900,000 USD
334-424-4006
524 Red Lane Rd, Birmingham, AL for Sale
$900,000 USD
Medical - FOR SALE
1/42
null | 7.16% Cap Rate

524 Red Lane Rd
Birmingham, AL 35215


OVERVIEW

Prime Investment Opportunity – Red Lane Plaza | 80% Leased | Cash-Flowing Asset | 1031 Exchange Friendly Positioned near one of the city’s most active commercial corridors, the Sanders Building offers immediate income and long-term upside. This well-maintained office property is priced to sell quickly and boasts 80% occupancy with a diverse and stable tenant mix, including: - A city councilman’s office - A popular barbershop - A local nonprofit organization - A thriving salon The remaining vacant suite is a fully equipped dental office, move-in ready and ideal for an owner-user or new tenant. With strong in-place cash flow and rent rolls available upon request, this asset is 1031 exchange friendly and well-suited for investors seeking dependable returns in a high-visibility location. Location Highlights Close proximity to high-traffic retail and consumer activity Easy access and strong street presence Surrounded by complementary businesses and services Whether you're expanding your portfolio or seeking a value-add opportunity with minimal effort, the Sanders Building delivers. Don’t miss this chance to own a performing asset in a growth corridor.

FOR SALE DETAILS

PRICE

$900,000 USD

PRICE/SF

$132 USD /SF

CAP RATE

7.16%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Red Lane Plaza

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.49 AC

LAND SF

21,344 SF

ZONING

CB2

APN/PARCEL ID

13-00-36-3-010-005.001

ASK ABOUT THIS PROPERTY

Darius JacksonKeller WilliamsMore Info
334-424-4006

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Darius JacksonKeller WilliamsMore Info
334-424-4006

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.