Drive-Through Retail
4020 Messer Airport Hwy, Birmingham, AL 35222
For Sale
New
$550,000
B2 zoning, a pylon sign, and included furnishings and equipment support retail or restaurant use.
Property Size2,148 SF
Price / SF$256.05
Days on Market2
Property Features for 4020 Messer Airport Hwy
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Neighborhood
Corner Location
Drive-Thru
Pylon Signage
Additional Details
Furnished
Building Details
Building Size
Year Built
Buildings
Listing Agency:
eXp Commercial - AL
Listed By:
Pam Reaves Rathje · License #AL #000046527
(205) 365-3228
Source:
7s
Added: Nov 6
Last Checked: Nov 6 at 2:28PM
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 eXp Commercial - AL
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,148-square-foot retail building dates to 1978 and includes a drive-through and FF&E. The property is zoned B2 and has a pylon sign.
At 4020 Messer Airport Hwy in Birmingham, the building occupies a corner at a signalized intersection.
At 4020 Messer Airport Hwy in Birmingham, the building occupies a corner at a signalized intersection.
Key Highlights
- 2,148 SF retail building constructed in 1978
- Drive‑through facility
- B2 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,678
Cap Rate
4.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$533,560
$533.6K
Cap Rate 7%
$381,114
$381.1K
Cap Rate 9%
$296,422
$296.4K
Market Conditions
NOI Build-Up for 2,148 SF
Gross rent
$38.7K $18.00/SF
− Vacancy
−$3.1K −$1.44/SF
EGI
$35.6K $16.56/SF
− OpEx
−$8.9K −$4.14/SF
NOI
$26.7K $12.42/SF
Area
Birmingham, AL
Vacancy
8.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$533,560
Cap Rate 7%
$381,114
Cap Rate 9%
$296,422
Alternative Uses
Best Use
Specialty Retail
$381.1K
$333.5K – $444.6K
NOI $26,678 @ 7.0% cap · market cap 4.85%
Second Best
Retail
$299.9K
$262.4K – $349.9K
NOI $20,993 @ 7.0% cap · market cap 3.82%
Theoretical Best
Office A
$504.2K
$441.2K – $588.2K
NOI $35,292 @ 7.0% cap · market cap 6.42%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
695
Businesses Nearby
Explore this area
Business Placement
Demographics for 35222, AL
8,419
Population
4,383
Households
1.9
Avg Household Size
37
Median Age
64%
College-Educated
97%
High-School Grad
3.9 sq mi
ZIP Area
2,159
Density / Sq Mi
$91,964
Median Household Income
$61,933
Median Earnings
$1,086
Median Rent
$374,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Retail space in Birmingham, AL
Properties on Market for Retail space in Birmingham
Vacancy Rate% for Retail in Birmingham, AL
Frequently Asked Questions
What type of property is this?
Retail space - B2 zoning, a pylon sign, and included furnishings and equipment support retail or restaurant use.
Where is this retail space located?
The property is located at 4020 Messer Airport Hwy Birmingham, AL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 2,148 SF retail building constructed in 1978; Drive‑through facility; B2 zoning
