Real estate company taking bids for Trussville church property
By Gary Lloyd
TRUSSVILLE — A merger of Eastminster Presbyterian Church and Grace Presbyterian Church is making a 5.5-acre site on U.S. Highway 11 in Trussville available for retail development.
The two churches merged last year to form Cahaba Springs Presbyterian Churchon Deerfoot Parkway. The Eastminster Presbyterian Church property is now up for sale, and Shannon-Waltchack is taking offers on the property. Ali Wilburn and George Elliott, two of the company’s brokers, are taking bids for the property from developers until April 20.
The minimum bid for the property is set at $2.85 million.
According to a Shannon-Waltchack brochure about the property, an estimated 80,836 people lived within a five-mile radius of the property in 2013. Those residents had a median age of 37.1 years and a median household income of $50,369 with a per capita income of $24,638. Within one mile of the site, however, the median household income jumps to $63,412 with a per capita income of $42,075.
The brochure states that the property is “an extraordinary chance for a site in a very high demand retail market.”
Check out the property listing here.
Contact Gary Lloyd at email@example.com and follow him on Twitter @GaryALloyd.