Former Family Dollar
For Sale
$1,325,000
4300 Vanderbilt Road, Birmingham, AL 35217
Former discount-retail storefront with commercial zoning and a 2016 construction date.
Property Size8,320 SF
Price / SF$159.25
Days on Market66
Property Features for 4300 Vanderbilt Road
General Information
Standard status
Active
Size
8,320 SF
Property subtype
Retail - Freestanding
Additional Details
Traffic Count
35,000 vehicles/day
Building Details
Building Size
8,320 SF
Year Built
2016
Listing Agency:
Bull Realty
Listed By:
Nancy Miller, CCIM, MBA · License #126108
Source:
Commercialcafe
Added: Aug 10
Changed: Oct 10
Last Checked: Oct 12 at 4:48PM
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 Bull Realty
Investment Insights
Based on property information with market context.
The property is an 8,320-square-foot storefront formerly occupied by Family Dollar. Constructed in 2016, the building carries Commercial zoning and offers an existing retail-oriented format for a future occupant or repositioning plan.
The site is located at 4300 Vanderbilt Road in Birmingham, Alabama, with reported traffic of 35K vehicles per day. Its prior discount-retail use, established building improvements, and commercial zoning provide a clear foundation for evaluating continued retail occupancy or another permitted commercial use.
The site is located at 4300 Vanderbilt Road in Birmingham, Alabama, with reported traffic of 35K vehicles per day. Its prior discount-retail use, established building improvements, and commercial zoning provide a clear foundation for evaluating continued retail occupancy or another permitted commercial use.
Key Highlights
- 8,320‑square‑foot former Family Dollar storefront
- Commercial zoning
- Built in 2016
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$81,315
Cap Rate
6.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,626,300
$1.6M
Cap Rate 7%
$1,161,643
$1.2M
Cap Rate 9%
$903,500
$903.5K
Market Conditions
NOI Build-Up for 8,320 SF
Gross rent
$129.8K $15.60/SF
− Vacancy
−$13.6K −$1.64/SF
EGI
$116.2K $13.96/SF
− OpEx
−$34.8K −$4.19/SF
NOI
$81.3K $9.77/SF
Area
Birmingham, AL
Vacancy
10.50%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,626,300
Cap Rate 7%
$1,161,643
Cap Rate 9%
$903,500
Alternative Uses
Best Use
Retail
$1.16M
$1.02M – $1.36M
NOI $81,315 @ 7.0% cap · market cap 6.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.95M
$1.71M – $2.28M
NOI $136,701 @ 7.0% cap · market cap 10.32%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
35,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
205
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 35217, AL
12,891
Population
6,196
Households
2.1
Avg Household Size
39
Median Age
11%
College-Educated
78%
High-School Grad
17.7 sq mi
ZIP Area
728
Density / Sq Mi
$38,769
Median Household Income
$31,210
Median Earnings
$835
Median Rent
$113,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Birmingham, AL
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Frequently Asked Questions
What type of property is this?
Storefront property - Former discount-retail storefront with commercial zoning and a 2016 construction date.
Where is this storefront property located?
The property is located at 4300 Vanderbilt Road Birmingham, AL.
What is the asking price?
The asking price for this property is $1,325,000.
What are key features of this property?
This property features: 8,320‑square‑foot former Family Dollar storefront; Commercial zoning; Built in 2016
