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    4500 Katies Way Bessemer, AL 35022

    For Sale
    $11,500,000

    Mixed Use - BESSEMER, AL

    Type:Mixed Use
    Lot size:
    26.20 Acres
    Days on Market:
    24
    Last Refresh:
    Dec 7 at 11:06 am

    Property Features for 4500 Katies Way

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    Zoning
    C6
    Lot size
    26.20 Acres

    Building Details

    Year built
    2000
    Architectural style
    Other

    Premier Vestavia, LLC (205) 397-6500 [email protected]

    Listing agent W. A. Casey (205) 397-6500

    Listing date Nov 14, 2025

    MLS# 21410860 Listing URL

    Copyright © 2025 Greater Alabama MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Bessemer Retail Development Opportunity

    WaterMark Place, constructed in 2000, offers 186,000 square feet of retail space situated on 41.6 acres, which includes 26.2 undeveloped acres available for new construction. The property benefits from a strategic location with convenient access to I-20/59, with traffic counts exceeding 70,000 vehicles daily. Located approximately 20 miles southwest of Birmingham and 24 miles northeast of Vance, Alabama, the property is near major automotive manufacturers, including Mercedes-Benz, and a recently built Amazon fulfillment center (2020). The location is suitable for investment and various business uses. The property formerly served as an amusement park retail outlet adjacent to Alabama Adventure Splash, previously known as Vision Land. The property has 1,400 parking spaces.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Piamistry School of Music Piano Instructor Kikstart Food Bank Food Bank Kikstart Store Discount Store Spectrum's Store Internet Marketing Service WaterMark Place Event Venue

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bessemer
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.994162
    Latitude
    33.38658

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    FAQs

    What type of property is this?
    Shopping center - Retail space with development potential near major manufacturers.
    Where is this shopping center located?
    The property is located at 4500 Katies Way Bessemer, AL.
    What is the asking price?
    The asking price for this property is $11,500,000.
    What are key features of this property?
    This property features: - Prime location with easy access to I-20/59 and **high traffic count (over 70,000 vehicles per day)**.; - **20 undeveloped acres available for new development.**; - Proximity to major automotive manufacturers (Mercedes-Benz) and the Amazon fulfillment center.
    (205) 397-6500
    Request Owner's contact information
    4500 Katies Way Bessemer, AL 35022
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    Bessemer, AL 35022
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4500 Katies Way Bessemer, AL 35022
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