RI Marketplace Online Auction Dec. 5-7, 2023.
Register to Bid.
±5.32 AC of Land in Birmingham MSA with 8,829 VPD Traffic Counts Passing Site daily
Nearby Retail: Piggly Wiggly grocer, O'Reilly Auto Parts, Subway, Taco Bell, Dairy Queen, Regions Bank, Ace Hardware, and more
Population of ±57,888 and Average Household Income of ±$89,418 (5-Mile Radius); Recent 6.83% Population Growth
Flexible Zoning with Permitted Uses including Residential, Agricultural, and Manufactured Homes (by appeal)
Absolute $1 Auction - NO Reserve
Marcus & Millichap, in conjunction with RI Marketplace, is pleased to present a ±5.32-Acre land parcel located at 6431 Old Springville Road (the “Property”) in Pinson, Alabama approximately 25 miles northeast of Birmingham. This Property offers an exceptional investment opportunity via development and First BID Meets Reserve.
The Property is a ±5.32-Acre parcel in the Birmingham MSA near the signalized intersection Old Springville Road with traffic counts of ±8,829 vehicles per day and Dug Hollow Road with traffic counts of ±6,230 vehicles per day. The Property benefits from proximity to a strong commercial node within an affluent residential community. Nearby retailers include Piggly Wiggly Grocer, O'Reilly Auto Parts, Subway, Taco Bell, Dairy Queen, Regions Bank, Ace Hardware, and more. Within three miles of the Property, the population has grown 6.83% since 2010 with future growth anticipated between 2023 and 2028. Due to its strategic location in a growing market, the Property presents developers with a prime development opportunity with the potential for significant upside.
Situated just northeast of Birmingham, Pinson boasts a strategic location with proximity to the vibrant economic center of Alabama. The 5-mile trade area is supported by ±57,888 residents boasting an average household income of ±$89,418. With easy access downtown Birmingham, this offering provides the opportunity to develop an extremely well-located asset within a growth market.
John Mickey Fowler
Fisher Auction Company Inc.
Property Maps & Attachments
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