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Commercial

The Mall at Westlake

1036 Westlake Blvd, Bessemer, AL 35020

Listing Price: $3,950,000

Lot Size
40.70 acres
Price/Acre
$97,052
Land Type
Redevelopment

Investment Overview

Marcus and Millichap is delighted to present a unique investment opportunity: the acquisition of 40.7 acres of commercially
zoned land in Bessemer, Alabama. This land currently is home to a 320,000 square foot vacant mall, and an amazon storage
facility occupying a few acres in the parking lot. The amazon facility currently pays $27,000 gross per month, that they will
likely renew for one year in January of 2024. This unique set up allows for an investor to come in generating immediate
income while creating a plan of how to utilize this massive parcel of land and retail space to its highest and best use.
Bessemer has seen multiple industrial developments over the past few years. Among these include Lowes 1.2 million square foot distribution facility, a Carvana distribution and fulfillment center, and a 300,000 square-foot FedEx facility

Investment Highlights

  • VALUED ONLY BASED ON LAND, NOT THE INCOME ITS PRODUCING
  • BESSEMER IS ESTABLISHING ITSELF AS A STRONG INDUSTRIAL HUB
  • PROPERTY BRINGS IN $27,500/MONTH GROSS VIA AMAZON TRAILER STALLS IN THE PARKING LOT

Broker of Record

  • Eddie Greenhalgh

    Senior Vice President Investments

    (205) 510-9200

    License(s) AL: 0000882980

    Alabama

Financing By

Commercial

The Mall at Westlake

Listing Price: $3,950,000

Lot Size
40.70 acres
Price/Acre
$97,052
Land Type
Redevelopment

Investment Highlights

  • VALUED ONLY BASED ON LAND, NOT THE INCOME ITS PRODUCING
  • BESSEMER IS ESTABLISHING ITSELF AS A STRONG INDUSTRIAL HUB
  • PROPERTY BRINGS IN $27,500/MONTH GROSS VIA AMAZON TRAILER STALLS IN THE PARKING LOT

Investment Overview

Marcus and Millichap is delighted to present a unique investment opportunity: the acquisition of 40.7 acres of commercially zoned land in Bessemer, Alabama. This land currently is home to a 320,000 square foot vacant mall, and an amazon storage facility occupying a few acres in the parking lot. The amazon facility currently pays $27,000 gross per month, that they will likely renew for one year in January of 2024. This unique set up allows for an investor to come in generating immediate income while creating a plan of how to utilize this massive parcel of land and retail space to its highest and best use. Bessemer has seen multiple industrial developments over the past few years. Among these include Lowes 1.2 million square foot distribution facility, a Carvana distribution and fulfillment center, and a 300,000 square-foot FedEx facility

Broker of Record

  • Eddie Greenhalgh

    Senior Vice President Investments

    (205) 510-9200

    License(s): AL: 0000882980

    Alabama

Financing By

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