Updated Storefront Retail
For Sale
$155,000
8004 2nd Ave S, Birmingham, AL 35206
A customizable layout features upgraded infrastructure, HVAC, and energy-efficient lighting.
Property Size1,440 SF
Price / SF$107.64
Days on Market66
Property Features for 8004 2nd Ave S
General Information
Standard status
Active
Size
1,440 SF
Site & Location
Public Transit
Yes
Utilities to Site
Yes
Amenities
Large storefront windows
ample parking
high-speed internet
HVAC
energy-efficient lighting
Building Details
Year Built
1975
Listing Agency:
Pace Properties
Listed By:
Raquel Smith, Robert Smith · License #5184
(205) 222-1551
Source:
Soldbystratford
Added: Aug 9
Changed: Oct 12
Last Checked: Oct 7 at 1:08PM
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 Pace Properties
Investment Insights
Based on property information with market context.
This 1,440-square-foot storefront property at 8004 2nd Ave S in Birmingham, Alabama, offers a layout that can be adapted to different business needs. Large storefront windows provide natural light, while the existing improvements include HVAC, high-speed internet, and energy-efficient lighting. Customer and staff parking is available on site.
The property was built in 1975 and is positioned near shops, restaurants, and public transportation. Its storefront configuration and adaptable interior support a range of commercial uses, including retail, café, and office operations.
The property was built in 1975 and is positioned near shops, restaurants, and public transportation. Its storefront configuration and adaptable interior support a range of commercial uses, including retail, café, and office operations.
Key Highlights
- 1,440‑square‑foot storefront property at 8004 2nd Ave S, Birmingham, AL 35206
- Large storefront windows provide natural light
- Parking available for customers and staff
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,074
Cap Rate
9.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$281,480
$281.5K
Cap Rate 7%
$201,057
$201.1K
Cap Rate 9%
$156,378
$156.4K
Market Conditions
NOI Build-Up for 1,440 SF
Gross rent
$22.5K $15.60/SF
− Vacancy
−$2.4K −$1.64/SF
EGI
$20.1K $13.96/SF
− OpEx
−$6.0K −$4.19/SF
NOI
$14.1K $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%
$281,480
Cap Rate 7%
$201,057
Cap Rate 9%
$156,378
Alternative Uses
Best Use
Retail
$201.1K
$175.9K – $234.6K
NOI $14,074 @ 7.0% cap · market cap 9.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$338.0K
$295.8K – $394.3K
NOI $23,660 @ 7.0% cap · market cap 15.26%
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
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
391
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 35206, AL
15,648
Population
7,967
Households
2
Avg Household Size
40
Median Age
19%
College-Educated
87%
High-School Grad
10.1 sq mi
ZIP Area
1,549
Density / Sq Mi
$39,051
Median Household Income
$28,665
Median Earnings
$990
Median Rent
$122,500
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 - A customizable layout features upgraded infrastructure, HVAC, and energy-efficient lighting.
Where is this storefront property located?
The property is located at 8004 2nd Ave S Birmingham, AL.
What is the asking price?
The asking price for this property is $155,000.
What are key features of this property?
This property features: 1,440‑square‑foot storefront property at 8004 2nd Ave S, Birmingham, AL 35206; Large storefront windows provide natural light; Parking available for customers and staff
