Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Retail Space on Forest Road Title is generated by Realmo AI

    273 Forest Rd, Bessemer, AL

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space with prominent visibility and ample parking available for rent.

    Type:RETAIL
    Property size:
    1,860 SF
    Lot size:
    4.52 Acres
    Added:
    Aug 13, 2025
    Days on Market:
    277
    Last Refresh:
    Apr 5 at 10:45 pm

    Property Features for 273 Forest Rd

    General Information

    Standard status
    Active
    Size
    1,860 SF
    Lot size
    4.52 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 273 Forest Rd Contact us

    We can help!

    Listing Contact
    Dennis Sanders
    Dennis Sanders

    Listing agent Dennis Sanders

    Listing office J.H. Berry & Gilbert, Inc.

    Listing date Aug 13, 2025

    Source Moodyscre

    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 J.H. Berry & Gilbert, Inc.

    HighLights

    • Prominent visibility from Forest Road
    • Ideal for retail/salon user
    • 1,860 SF Suite 200
    • Ample parking is available
    • Signage availability
    • Close proximity to Allison‑Bonnett Memorial Drive

    Overview

    This retail space, Suite 200, offers 1,860 square feet suitable for retail or salon businesses. The property benefits from prominent visibility on Forest Road and is located close to Allison-Bonnett Memorial Drive. Signage opportunities are available, and the property includes ample parking.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Bessemer
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.9824
    Latitude
    33.4539

    Nearby Similar for Lease

    • $10 SF/Yr
      1,860 SF

      Retail Space on Forest Drive

      1,860 SF retail space ideal for retail/salon user.
      275 Forest Road, Bessemer, AL 35023
      View Details
    • $6 SF/Yr
      12,000 SF

      Bessemer Commercial Building For Lease

      12,000 SF commercial building for lease in Bessemer.
      1201 4th Avenue SW, Bessemer, AL 35022
      View Details
    • $6 SF/Yr
      112,965 SF

      Class A Warehouse Sub-Lease

      112,965 SF Class A warehouse with premier regional connectivity.
      4201 Lakeshore Parkway, Bessemer, AL 35022
      View Details
    • $10 SF/Yr
      2,215 SF

      Hueytown Retail Space For Rent

      Retail space available on Forest Road in Hueytown, Alabama.
      246-270 Forest Rd, Bessemer, AL
      View Details
    • Contact for pricing

      Bessemer Office/Warehouse Space Available

      Office and warehouse space for lease in Bessemer, Alabama.
      3695 Pine Lane, Bessemer, AL 35022
      View Details
    • $20 SF/Yr

      Medical Office Tower For Lease

      Five-story medical office tower with highway visibility and ample parking.
      975 9th Avenue Southwest, Bessemer, AL 35022
      View Details
    • $15 SF/Yr

      Retail Space Near I-459

      Retail space with high visibility and convenient location.
      3985 Parkwood Rd, Bessemer, AL 35022
      View Details
    • Contact for pricing

      Retail Space Near Aldi Store

      Retail space available near I-459 and new Aldi.
      2910 Morgan Rd, Bessemer, AL 35022
      View Details
    • $9 SF/Yr
      7,872 SF

      Office with Warehouse Space Available

      Office space with warehouse, convenient location, high-end finishes.
      5690 Pine Lane Cir, Bessemer, AL
      View Details
    • $3 SF/Yr
      26,000 SF

      Showroom and Warehouse on Highway

      26,000 SF showroom and warehouse with highway visibility.
      4200 Bessemer Super Hwy, Bessemer, AL
      View Details
    • Contact for pricing
      311,900 SF

      New Class-A Logistics Center

      Class-A logistics center with cross-docking in Birmingham Metropolitan Area.
      602 Powder Plant Road, Bessemer, AL 35022
      View Details
    • $7 SF/Yr

      Warehouse Space Near Interstate I-20/59

      Sublease warehouse space with excellent location near I-20/59.
      900 Powder Plant Rd, Bessemer, AL 35022
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space with prominent visibility and ample parking available for rent.
    Where is this retail space located?
    The property is located at 273 Forest Rd Bessemer, AL.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: Prominent visibility from Forest Road; Ideal for retail/salon user; 1,860 SF Suite 200
    (205) 252-6999 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Dennis Sanders
    Dennis Sanders
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    273 Forest Rd, Bessemer, AL
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!