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    7709 Parkway Dr Leeds, AL 35094

    Sponsored
    For Sale
    $360,000

    High-yield retail property, long-term lease.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional retail property, located at 7709 Parkway Drive in Leeds, Alabama, presents a compelling investment opportunity. Situated on a 0.16-acre lot, the property benefits from a highly desirable location within the vibrant Leeds market. The current tenant is operating under a long-term lease, providing a stable and predictable income stream for the investor. This translates to a low-risk, high-return investment prospect, ideal for those seeking a secure and profitable addition to their portfolio. The property's strategic location ensures high visibility and accessibility, attracting a consistent flow of potential customers. The building itself is well-maintained and ready for immediate occupancy by the existing tenant. Further details regarding the lease terms and financial projections are available upon request. This is a rare opportunity to acquire a prime retail property in a thriving market, offering a strong return on investment with minimal management requirements. Don't miss out on this chance to secure a valuable asset in a rapidly growing area. The asking price for this exceptional property is $360,000.

    Property Features for 7709 Parkway Dr

    General Information

    Property type
    Retail properties
    Lot Size
    6,970 SF

    Building Details

    Year Built
    1977
    Location Intelligence

    Current Use by Public Records

    Domino's Pizza Pizza Delivery

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Leeds
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.54672
    Latitude
    33.54544

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    FAQs

    What type of property is this?
    Retail property - High-yield retail property, long-term lease.
    Where is this retail property located?
    The property is located at 7709 Parkway Dr Leeds, AL.
    What is the asking price?
    The asking price for this property is $360,000.
    Request Owner's contact information
    7709 Parkway Dr Leeds, AL 35094
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    Leeds, AL 35094
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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
    7709 Parkway Dr Leeds, AL 35094
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