Multi-Suite Mixed-Use
2017 Canyon Road, Vestavia Hills, AL 35216
For Sale
New
Contact for pricing
Suite options support retail, medical, and office functions under B2 commercial/mixed-use zoning.
Property Size22,564 SF
Days on Market2
Property Features for 2017 Canyon Road
General Information
Standard status
Size
Property subtype
Zoning
Lease Term
Site & Location
Highway Access
Road Access
Additional Details
Tenant in Place
Building Details
Building Size
Tenancy
Properties For Sale
at 2017 Canyon Road Contact us111
Size
2,218 SF
Term
Negotiable
115
Size
3,546 SF
Term
Negotiable
135
Size
16,800 SF
Term
Negotiable
Listed By:
Lacey Scott
(205) 401-1130
Source:
Egsinc
Added: Nov 8
Last Checked: Nov 8 at 5:36PM
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 Lacey Scott
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Investment Insights
Based on property information with market context.
This multi-suite property at 2017 Canyon Road in Vestavia Hills offers space for retail, medical, or office use. The site is zoned B2 for commercial and mixed-use purposes, with ample on-site parking. Other occupants include Impact Family Counseling, Vestavia Spine and Rehabilitation Center, Vestavia Hills Imaging Center, and All About Mahj Studio.
US Highway 31 access connects the property to the retail corridor, and Canyon Road provides an additional point of reference. Reported traffic volumes are 34,306 vehicles per day on US Highway 31 and 5,924 vehicles per day on Canyon Road.
US Highway 31 access connects the property to the retail corridor, and Canyon Road provides an additional point of reference. Reported traffic volumes are 34,306 vehicles per day on US Highway 31 and 5,924 vehicles per day on Canyon Road.
Key Highlights
- B2 zoning for commercial and mixed‑use purposes
- Retail, medical, and office suite options
- 34,306 VPD on US Highway 31; 5,924 VPD on Canyon Road
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$83,681
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,673,620
$1.7M
Cap Rate 7%
$1,195,443
$1.2M
Cap Rate 9%
$929,789
$929.8K
Market Conditions
NOI Build-Up for 22,564 SF
Gross rent
$151.6K $6.72/SF
− Vacancy
−$17.7K −$0.79/SF
EGI
$133.9K $5.93/SF
− OpEx
−$50.2K −$2.23/SF
NOI
$83.7K $3.71/SF
Area
Jefferson County, AL
Vacancy
11.70%
Lease Rate
$6.72 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,673,620
Cap Rate 7%
$1,195,443
Cap Rate 9%
$929,789
Alternative Uses
Best Use
Office B
$5.68M
$4.97M – $6.63M
NOI $397,635 @ 7.0% cap · market cap 3,313,625.00%
Second Best
Healthcare Medical
$5.47M
$4.79M – $6.38M
NOI $382,881 @ 7.0% cap · market cap 3,190,675.00%
Theoretical Best
Office A
$7.76M
$6.79M – $9.06M
NOI $543,373 @ 7.0% cap · market cap 4,528,108.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
851
Businesses Nearby
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Suite options support retail, medical, and office functions under B2 commercial/mixed-use zoning.
Where is this mixed-use property located?
The property is located at 2017 Canyon Road Vestavia Hills, AL.
What are key features of this property?
This property features: B2 zoning for commercial and mixed‑use purposes; Retail, medical, and office suite options; 34,306 VPD on US Highway 31; 5,924 VPD on Canyon Road
