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    201 Richard Arrington Jr Blvd Birmingham, AL 35233

    Sponsored
    For Sale
    Contact for pricing

    8,400 SF Multi-Tenant Storefront

    Property size:
    8,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 8,400 square foot storefront property presents a compelling redevelopment opportunity in Birmingham's vibrant Midtown area. Situated on a prominent 0.33-acre hard corner lot, this single-story building offers significant potential for owner-users or investors seeking a multi-tenant redevelopment project. Currently configured as a mixed-use space encompassing retail, office, and multifamily elements, the property boasts three existing tenants under a NNN lease structure. Its prime location places it directly adjacent to the 20 Midtown Phase III development, ensuring high visibility and access to a thriving community. The property includes convenient on-site parking, a significant advantage in a densely populated urban setting. This is an ideal chance to capitalize on the burgeoning growth of Birmingham's Midtown, creating a modern and functional space tailored to the demands of the market. The existing building provides a solid foundation for a variety of redevelopment scenarios, from a complete overhaul to a strategic renovation and repositioning. The property's size and location make it an attractive investment for those seeking a high-impact project with substantial long-term returns. This is a rare opportunity to acquire a significant piece of Birmingham's evolving urban landscape. The property is located at 201 Richard Arrington Jr Blvd S, Birmingham, AL 35233, in Jefferson County.

    Property Features for 201 Richard Arrington Jr Blvd

    General Information

    Property type
    Individual retail properties
    Square Feet
    8,400 SF

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • 8,400 SF storefront property in Birmingham's Midtown.
    • Located on a prominent 0.33‑acre hard corner lot.
    • Currently three tenants under NNN leases.
    • Adjacent to 20 Midtown Phase III development.
    • On‑site parking.
    • Located at 201 Richard Arrington Jr Blvd S, Birmingham, AL 35233.
    Property Profile Location Intelligence

    Current Use by Public Records

    Midtown Live Event Venue Spin Cleaners Dry Cleaner Quality Shoe Repair Shoe Repair Shop The Loft in Midtown Venue ... Event Venue Bosses Private Lounge Social Club

    Suggested Use

    Realty agency Restaurant Building Supply Spa & Massage Wholesale Shop Hair Salon Dental Office Auto Repair Shop Nail Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Birmingham
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.801578967378
    Latitude
    33.511090933061

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    FAQs

    What type of property is this?
    Individual retail property - 8,400 SF Multi-Tenant Storefront
    Where is this individual retail property located?
    The property is located at 201 Richard Arrington Jr Blvd Birmingham, AL.
    What are key features of this property?
    This property features: 8,400 SF storefront property in Birmingham's Midtown.; Located on a prominent 0.33-acre hard corner lot.; Currently three tenants under NNN leases.
    Request Owner's contact information
    201 Richard Arrington Jr Blvd Birmingham, AL 35233
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    201 Richard Arrington Jr Blvd Birmingham, AL 35233
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