Automotive Sales and Service
1476 Montgomery Hwy, Vestavia Hills, AL 35216
For Sale
New
$4,250,000
A single-story concrete facility occupies a commercial highway corridor with multiple access points.
Property Size21,096 SF
Lot Size3.55 Acres
Price / SF$201.46
Days on Market2
Property Features for 1476 Montgomery Hwy
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Occupancy
Site & Location
Traffic Count
Highway Access
Road Access
Tenancy & Operations
Currently Operating
Tenant in Place
Current Tenants
Real Estate Included
Additional Details
Automotive Uses
Building Details
Building Size
Year Built
Buildings
Stories
Construction
Tenancy
Listed By:
Walter Kelley
(229) 343-0167
Source:
Acrerep
Added: Nov 6
Last Checked: Nov 6 at 2:41PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Walter Kelley
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Investment Insights
Based on property information with market context.
This 21,096-square-foot automotive property occupies 3.55 acres in Vestavia Hills. Built in 1958, the single-story building has reinforced concrete construction and is configured for automotive sales and service. Vestavia Auto Plaza has occupied the property since November 2021; any future repositioning remains subject to lease terms, zoning and municipal approvals.
The site fronts Montgomery Highway (US-31) for approximately 385 feet and records traffic counts of 35,741 vehicles per day. Two curb cuts, a dedicated turn lane and approximately 100 surface parking spaces serve the property. It is within Vestavia Hills city limits, along a commercial corridor in the Birmingham metropolitan area.
The site fronts Montgomery Highway (US-31) for approximately 385 feet and records traffic counts of 35,741 vehicles per day. Two curb cuts, a dedicated turn lane and approximately 100 surface parking spaces serve the property. It is within Vestavia Hills city limits, along a commercial corridor in the Birmingham metropolitan area.
Key Highlights
- 21,096‑square‑foot automotive sales and service building on 3.55 acres
- Approximately 385 feet of frontage on Montgomery Highway (US‑31)
- Traffic counts of 35,741 vehicles per day
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$294,611
Cap Rate
6.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,892,220
$5.9M
Cap Rate 7%
$4,208,729
$4.2M
Cap Rate 9%
$3,273,456
$3.3M
Market Conditions
NOI Build-Up for 21,096 SF
Gross rent
$438.0K $20.76/SF
− Vacancy
−$17.1K −$0.81/SF
EGI
$420.9K $19.95/SF
− OpEx
−$126.3K −$5.99/SF
NOI
$294.6K $13.97/SF
Area
Jefferson County, AL
Vacancy
3.90%
Lease Rate
$20.76 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,892,220
Cap Rate 7%
$4,208,729
Cap Rate 9%
$3,273,456
Alternative Uses
Best Use
Retail
$4.21M
$3.68M – $4.91M
NOI $294,611 @ 7.0% cap · market cap 6.93%
Second Best
Industrial
$2.77M
$2.43M – $3.24M
NOI $194,137 @ 7.0% cap · market cap 4.57%
Theoretical Best
Office A
$7.26M
$6.35M – $8.47M
NOI $508,021 @ 7.0% cap · market cap 11.95%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
35,741 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
568
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 35216, AL
36,673
Population
16,333
Households
2.2
Avg Household Size
35
Median Age
53%
College-Educated
94%
High-School Grad
13.0 sq mi
ZIP Area
2,821
Density / Sq Mi
$73,125
Median Household Income
$42,767
Median Earnings
$1,314
Median Rent
$376,200
Median Home Value
Market
Average Price Trend$/SF for Automotive properties in Jefferson County, AL
Properties on Market for Automotive properties in Jefferson County
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Truck Rental at U-Haul — 1420 Montgomery Hwy, Vestavia Hills, AL 35216
- Trailer Rental at U-Haul — 1420 Montgomery Hwy, Vestavia Hills, AL 35216
- U-Haul Moving & Storage of Vestavia Hill — 1420 montgomery hwy, vestavia hills, al 35216
Frequently Asked Questions
What type of property is this?
Automotive property - A single-story concrete facility occupies a commercial highway corridor with multiple access points.
Where is this automotive property located?
The property is located at 1476 Montgomery Hwy Vestavia Hills, AL.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: 21,096‑square‑foot automotive sales and service building on 3.55 acres; Approximately 385 feet of frontage on Montgomery Highway (US‑31); Traffic counts of 35,741 vehicles per day
