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    Property profile & analytics
    OFF-MARKET Estimated value $1,920,000
    Investment properties

    1830 Gadsden Hwy, Birmingham, AL 35235-3482

    12,000 SF 1.96 ac lot Built 1989
    Entity Owned 9-yr Hold Absentee Owner Free & Clear
    Property ID
    US03-0769457
    Property summary
    AI-generated overview

    This exceptional retail property, located at 1830 Gadsden Highway in Birmingham, Alabama, presents a significant opportunity for a single-tenant business. Situated in Jefferson County, zip code 35235, this property offers a substantial 6,000 square feet of vacant space, perfect for a variety of retail uses. The building itself is classified as a single-tenant commercial retail space. The property's address is easily accessible and visible from Gadsden Highway, ensuring high visibility and potential for significant foot traffic. This location offers excellent potential for businesses seeking a prominent presence in a busy Birmingham commercial area. The property is currently available for lease and represents a rare opportunity to secure a large, well-located retail space in a thriving market. Interested parties are encouraged to inquire promptly to explore the possibilities of establishing their business in this prime location. The property is categorized as a single-tenant retail space, offering a unique opportunity for a business seeking a dedicated and expansive area to operate. Further details regarding lease terms and conditions are available upon request. Don't miss this chance to secure a highly visible and spacious retail location in a desirable Birmingham area.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1989
    Total area 12,000 SF
    Lot 1.96 ac (85,203 SF)
    Zoning code I1
    APN 12-00-27-3-000-005.001
    UPID US03-0769457
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • KLW Belts Clothing & Fashion Store
    • Phoenix Salon Hair Salon Nail Salon
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $2.15M
    Comparable Approach Comparable
    $1.65M
    Blend (final) Blend
    $1.92M
    Owner & transaction history
    Howard Plaza LLC · 9 yrs held
    Howard Plaza LLC
    since 2016
    2 recorded transactions
    2016
    $1.7M
    1969
    Zoning & alternative use
    I1 · Birmingham, AL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Apartment house (5+ units) $2.4M +96.7%
    Medical building $2.1M +73.7%
    Office building $2.0M +63.1%
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