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    169 State Farm Pkwy Homewood, AL 35209

    For Lease
    $39 SF/Yr

    Prime Medical Office, 2225 sq ft, Homewood, AL

    Lot size:
    2,225 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 2,225 square foot medical office space is ideally situated at 169 State Farm Parkway in Homewood, Alabama, within Jefferson County, zip code 35209. Previously occupied by Stanton Optical, the property is fully built-out and ready for immediate occupancy by a medical professional or related business. The single-tenant space offers a turnkey solution, eliminating the need for extensive renovations or build-out costs. Its convenient location provides easy access for patients and staff, with excellent visibility and ample parking. The property is classified as both retail and office space, offering flexibility for a variety of medical uses. This presents a unique opportunity to acquire a well-appointed medical office in a thriving Birmingham suburb. The property's location in Homewood, Alabama, offers a strong demographic profile and a robust local economy. The building is ready for immediate use, minimizing downtime and maximizing return on investment. This is a rare opportunity to acquire a fully functional medical office space in a highly desirable location. Serious inquiries are encouraged to explore this exceptional investment opportunity. The property is located at 33.449536 latitude and -86.8225745 longitude.

    Property Features for 169 State Farm Pkwy

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,225 SF

    Unit(s) available at that property

    Space
    Size
    2,225 SF
    Rate per SF
    $39
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    McAlister's Deli Sandwich Shop T.C.S.C.M. Restaurant Restaurant Rush My Passport Visa And Passport Office

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Homewood
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.8225745
    Latitude
    33.449536

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    FAQs

    What type of property is this?
    Medical office - Prime Medical Office, 2225 sq ft, Homewood, AL
    Where is this medical office located?
    The property is located at 169 State Farm Pkwy Homewood, AL.
    What is the lease rate?
    The lease rate is $39 SF/Yr.
    Request Owner's contact information
    169 State Farm Pkwy Homewood, AL 35209
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    Homewood, AL 35209
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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
    169 State Farm Pkwy Homewood, AL 35209
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