Office/warehouse building on West Valley Avenue and Robert Jemison Road set to sell through online bidding as lender orders sale

Feb 10, 2016, 12:51 ET from Hagen Realty Group

BIRMINGHAM, Ala., Feb. 10, 2016 /PRNewswire/ -- An office/warehouse building at the corner of West Valley Avenue and Robert Jemison Road will sell through online bidding beginning Tuesday, Feb. 23. Hagen Realty Group is marketing the building on behalf of the lender.

"The amazing thing is that this building in a highly visible location, with ample office space and approximately 7,000 square feet of warehouse, will have an opening bid of just $150,000, about one-fourth of tax value," said Kim Hagen, president of Hagen Realty Group. The building also has approximately 6,900 square feet of office space. It is located in the City of Homewood and zoned C-3 (community shopping district). "This is ideal for use as a wholesale distribution point for a wide variety of businesses," Hagen added.

Representatives will be at the location, 190 West Valley Avenue, to accommodate inspections from 3 to 5 p.m. on Tuesday, Feb. 16, or from 10 a.m. to noon Wednesday, Feb. 17.

"This is a corner where 13,000 vehicles pass by on an average day, just a couple of minutes from I-65. The warehouse has 16-foot walls and is suitable for either storage or operations, with both drive-in and dock-high docks," said Hagen.

Bidding will open at 3 p.m. Tuesday, Feb. 23, at hrgsold.com and will continue until 3 p.m. Thursday, February 25.

Those seeking additional information on may visit hrgsold.com or call 800-942-6475.

Hagen Realty Group, based in Carrollton, Georgia, has sold tens of thousands of properties throughout the United States and specializes in the sale of commercial and residential real estate through online auctions and accelerated listings.

For more information:
Carl Carter, 205-823-3273

SOURCE Hagen Realty Group