Multi-Tenant Shopping
New
For Sale
$2,250,000
5712 Chalkville Mountain Rd, Birmingham, AL 35235
C-1 zoning and proximity to I-59 complement the center’s retail, restaurant, service, and commercial occupancy potential.
Property Size20,000 SF
Lot Size2.00 Acres
Price / SF$112.50
Days on Market4
Property Features for 5712 Chalkville Mountain Rd
General Information
Standard status
Active
Size
20,000 SF
Lot size
2.00 Acres
Property subtype
Retail
Zoning
C-1
Site & Location
Traffic Count
34,000 vehicles/day
Highway Access
Yes
Building Details
Building Size
20,000 SF
Year Built
1998
Tenancy
Multi
Listing Agency:
Red Rock Realty Group
Listed By:
Billy Hiden, CCIM · License #AL000107291
(205) 918-0335
Source:
Redrockrg
Added: Oct 9
Changed: Oct 10
Last Checked: Oct 11 at 4:34AM
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 Red Rock Realty Group
Investment Insights
Based on property information with market context.
This multi-tenant shopping center contains 20,000 square feet on a 2-acre site. Built in 1998, the building has concrete-on-grade flooring and a new roof. C-1 zoning supports the retail, restaurant, service, and commercial uses described for the property. ABC Select Spirits and Pee-Wee's Pawn Shop are among the tenants, and one space is vacant.
The property is at 5712 Chalkville Mountain Road in Birmingham, less than 0.2 miles from I-59 at Exit 141. It has direct frontage along a commercial corridor, with reported traffic of approximately +/- 34,000 VPD.
The property is at 5712 Chalkville Mountain Road in Birmingham, less than 0.2 miles from I-59 at Exit 141. It has direct frontage along a commercial corridor, with reported traffic of approximately +/- 34,000 VPD.
Key Highlights
- 20,000‑square‑foot multi‑tenant shopping center on a 2‑acre site
- C‑1 zoning
- Built in 1998; concrete‑on‑grade flooring and a new roof
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$195,468
Cap Rate
8.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,909,360
$3.9M
Cap Rate 7%
$2,792,400
$2.8M
Cap Rate 9%
$2,171,867
$2.2M
Market Conditions
NOI Build-Up for 20,000 SF
Gross rent
$312.0K $15.60/SF
− Vacancy
−$32.8K −$1.64/SF
EGI
$279.2K $13.96/SF
− OpEx
−$83.8K −$4.19/SF
NOI
$195.5K $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%
$3,909,360
Cap Rate 7%
$2,792,400
Cap Rate 9%
$2,171,867
Alternative Uses
Best Use
Retail
$2.79M
$2.44M – $3.26M
NOI $195,468 @ 7.0% cap · market cap 8.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.69M
$4.11M – $5.48M
NOI $328,608 @ 7.0% cap · market cap 14.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
34,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
497
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 35235, AL
20,059
Population
8,944
Households
2.2
Avg Household Size
38
Median Age
27%
College-Educated
92%
High-School Grad
13.5 sq mi
ZIP Area
1,486
Density / Sq Mi
$57,244
Median Household Income
$35,809
Median Earnings
$1,220
Median Rent
$165,900
Median Home Value
Market
Vacancy Rate% for Retail in Birmingham, AL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Trussville Promenade — 5919 Trussville Crossings Pkwy, Birmingham, AL 35235
- Planet Cellular — 5933 Trussville Crossings Pkwy, Birmingham, AL 35235
- Trussville Shopping Center — 5950 Chalkville Mountain Rd, Birmingham, AL 35235
- Ridgeview Plaza — 5915 Chalkville Mountain Rd, Birmingham, AL 35235
- Trussville Promenade II — 5866 Chalkville Mountain Rd, Birmingham, AL 35235
Frequently Asked Questions
What type of property is this?
Shopping center - C-1 zoning and proximity to I-59 complement the center’s retail, restaurant, service, and commercial occupancy potential.
Where is this shopping center located?
The property is located at 5712 Chalkville Mountain Rd Birmingham, AL.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: 20,000‑square‑foot multi‑tenant shopping center on a 2‑acre site; C‑1 zoning; Built in 1998; concrete‑on‑grade flooring and a new roof
