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Shopping Center

218 2nd Street SW, Alabaster, AL 35007

For Sale
Contact for pricing

The property is less than one mile from Shelby Baptist Medical Center in Alabaster.

Property SizeContact for details
Days on Market35

Property Features for 218 2nd Street SW

General Information

Standard status Active
Property subtype Retail
Listing Agency: Shannon Waltchack
Listed By: Michael Murray · License #AL 000068732
Source: Crexi
Added: Oct 6 Changed: Nov 8 Last Checked: Nov 8 at 5:28PM

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 Shannon Waltchack

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Investment Insights

Based on property information with market context.

This shopping center is located at 218 2nd Street SW in Alabaster, less than one mile from Shelby Baptist Medical Center. The hospital has more than 1,000 employees, and the nearby Medical Mile includes healthcare professionals and medical services.

Alabaster sits along I-65 and U.S. 31 and serves as a retail hub for Shelby County. District 31 is adding approximately 600,000 SF of retail, restaurant, and hotel space. The city has grown approximately 25% since 2020, with more than 1,300 new homes projected by 2026.

Key Highlights

  • Less than one mile from Shelby Baptist Medical Center
  • Shelby Baptist Medical Center employs more than 1,000 people
  • Near the Medical Mile, an area with hundreds of healthcare professionals and medical services

Property Analytics

Current Use

America's Thrift Stores ... Discount Store

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Storage Facility Food Market (Bike/Boat/Book/etc) Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

616
Businesses Nearby
Balanced
Demand for This Use

Demographics for 35007, AL

28,274
Population
10,634
Households
2.7
Avg Household Size
38
Median Age
38%
College-Educated
92%
High-School Grad
39.0 sq mi
ZIP Area
725
Density / Sq Mi
$86,994
Median Household Income
$47,572
Median Earnings
$1,348
Median Rent
$231,800
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Similar Off Market Nearby

  • Southbrook Village — 410 1st St SW, Alabaster, AL 35007
  • Alabaster Shopping Center — 1st St SW, Alabaster, AL 35007

Frequently Asked Questions

What type of property is this?
Shopping center - The property is less than one mile from Shelby Baptist Medical Center in Alabaster.
Where is this shopping center located?
The property is located at 218 2nd Street SW Alabaster, AL.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: Less than one mile from Shelby Baptist Medical Center; Shelby Baptist Medical Center employs more than 1,000 people; Near the Medical Mile, an area with hundreds of healthcare professionals and medical services
(205) 382-1896 Call to check price and availability
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