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1120 2nd St
Birmingham, AL 35214

Sherman Plant · Land For Sale · 4.10 AC

INVESTMENT HIGHLIGHTS

  • Located in the Opportunity Zone
  • Urban infill site high barriers to entry
  • Upon signing a CA, due diligence items available include Comps, various conceptual plans & uses, environmental reports and ADEM No Further Action Let
  • Largest undeveloped contiguous property in the Parkside/UAB area
  • Potential tax credits/abatements available for the development of this property

EXECUTIVE SUMMARY

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.

PROPERTY FACTS

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Retail
  • Apartment Units
  • Hotel
Total Lot Size 4.10 AC
Opportunity Zone Yes

1 LOT AVAILABLE

Lot

Price $14,874,282 CAD
Price Per AC $3,627,873.69 CAD
Lot Size 4.10 AC

DESCRIPTION

2 contiguous parcels, totaling approximately 4.1 acres, with the option to adjust parcel sizes to meet the buyer's requirements. Zoning - MUD, which allows for mixed use development. There are no stated parking, setback or height restrictions. The zoning allows for dense, mixed use, retail, office or entertainment. It also allows for residential apartments, student housing, townhomes and condominiums.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 29-00-02-1-006-002.000
  • 29-00-02-1-006-001.000
  • 22-00-35-4-016-002.000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,525,171 CAD

ZONING

Zoning Code MU-D (allows for dense, mixed use, retail, office or entertainment. It also allows for residential apartments, student housing, townhomes and condominiums.)
MU-D (allows for dense, mixed use, retail, office or entertainment. It also allows for residential apartments, student housing, townhomes and condominiums.)
  • Listing ID: 35024820

  • Date on Market: 2025-03-05

  • Last Updated:

  • Address: 1120 2nd St, Birmingham, AL 35214

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