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Roebuck Commercial Building For Sale
For Sale
$259,000

9180 Parkway East, Birmingham, AL 35206

Commercial building with office and warehouse space in Roebuck.

Property Size3,690 SF
Price / SF$70.19
Days on Market389

Property Features for 9180 Parkway East

General Information

Standard status Active
Size 3,690 SF
Property subtype Commercial/Industrial

Building Details

Year Built 1960
Listing Agency: Keller Williams
Listed By: Chris Maze · License #104799
Source: Exitrealty
Added: Jul 8, 2025 Changed: Jul 10 Last Checked: Jul 30 at 7:54AM

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 Keller Williams

Investment Insights

Based on property information with market context.

This commercial building is located in Roebuck and offers visibility from the road. The property includes office space at the front and warehouse space at the rear. The left side of the building is currently rented.

Key Highlights

  • Great location in Roebuck
  • High visibility from the road
  • Office space in the front

Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $26.6k $7.20
− Vacancy −$2.3k −$0.63
EGI $24.2k $6.57
− OpEx −$3.6k −$0.98
NOI $20.6k $5.58
3,690 SF · lease $7.20/SF/yr · vacancy 8.80% · expense 15.00%

Alternative Uses

Best Use
Office B
$633.1K
$554.0K – $738.7K (±1% cap)
NOI $44,319 @ 7.0% cap · market cap 17.11%
Second Best
Flex RnD
$512.3K
$448.3K – $597.7K (±1% cap)
NOI $35,862 @ 7.0% cap · market cap 13.85%
Theoretical Best
Office A
$866.1K
$757.9K – $1.01M (±1% cap)
NOI $60,628 @ 7.0% cap · market cap 23.41%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Parts Store Accounting Firm Bakery Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

574
Businesses Nearby
Under-served
Demand for This Use

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

Market

Vacancy Rate% for Office in Birmingham, AL

16.6% 2019
16.9% 2020
18% 2021
19.6% 2022
19% 2023
20.2% 2024
19.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Meat Three — 821 Green Springs Hwy, Homewood, AL 35209
  • Sela's Imperial Catering — 216 lakeshore dr, birmingham, al 35209

Frequently Asked Questions

What type of property is this?
Flex space - Commercial building with office and warehouse space in Roebuck.
Where is this flex space located?
The property is located at 9180 Parkway East Birmingham, AL.
What is the asking price?
The asking price for this property is $259,000.
What are key features of this property?
This property features: Great location in Roebuck; High visibility from the road; Office space in the front
More about this property
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