Property profile

1830 Gadsden Hwy Birmingham, AL 35235

OFF-MARKET
Investment properties
Property ID
US03-0769457
12,000 SF 1.96 ac lot Built 1989
Entity Owned 9-yr Hold Absentee Owner Free & Clear
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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

Current use

Occupant on record · Public records
  • Clothing & Fashion Store
  • Hair Salon Nail Salon

Location

1830 Gadsden Hwy Birmingham, AL 35235-3482
Birmingham metro Census 11108 BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.15M
Comparable Approach Comparable
$1.65M
Blend (final) Blend
$370k

Owner & transaction history

since 2016
2 recorded transactions
2016
$1.7M
1969
Price N/A

Zoning & alternative use

I1 · Birmingham, AL
Zoning description

1. Light Manufacturing (I-1) District. The light manufacturing district is designed to allow for light manufacturing and office uses, potentially in “busi ness park” settings, and typically near major trans portation rou…

General category INDUSTRIAL
Top alternative use upside
Apartment house (5+ units) $2.4M +96.7%
Medical building $2.1M +73.7%
Office building $2.0M +63.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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