2911 7th Avenue South, Birmingham, AL 35233
Fully leased retail building with renovation opportunity and 23 parking spaces in Lakeview.
- Added:
- Jun 11, 2026
- Days on Market:
- 10
- Last Refresh:
- Jun 20 at 9:06 am
Property Features for 2911 7th Avenue South
General Information
- Standard status
- Active
- Size
- 10,000 SF
- Property subtype
- Retail, Hospitality, Mixed Use
Building Details
- Year Built
- 1960
Listing agent daphney massey License #000082245
Listing office Century 21 Advantage Birmingham
Listing date Jun 11, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Advantage Birmingham
HighLights
- 10,000 SF retail building in Lakeview
- Fully leased through Jan 2027
- 23 parking spaces
- Year built 1960
- Renovation opportunity
Overview
Located in Lakeview, the building is positioned for walk-in and short-trip retail activity. Parking on site helps accommodate customers visiting the storefront rather than relying solely on street parking. The combination of retail use and available parking supports everyday retail operations.
For buyers, the property offers a stabilized configuration with in-place occupancy through January 2027, while still allowing flexibility to plan improvements. Tenants considering space in a well-parked retail building may find the setup practical for customer access. The renovation opportunity can be aligned with future leasing or brand standards, depending on how the buyer intends to manage the asset after the current term.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $156.0k | $15.60 |
| − Vacancy | −$16.4k | −$1.64 |
| EGI | $139.6k | $13.96 |
| − OpEx | −$41.9k | −$4.19 |
| NOI | $97.7k | $9.77 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Birmingham
- County
- Shelby
- State
- Alabama
- Longitude
- -86.786216
- Latitude
- 33.511945
