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    1855 Montgomery Hwy Birmingham, AL 35244

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    For Lease
    Contact for pricing

    Birmingham, AL: Prime Retail Space

    Lot size:
    197,840 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Plaza at Riverchase offers exceptional retail opportunities in Birmingham, Alabama. This 197,840 square foot mixed-use center boasts a diverse tenant mix, including national anchors Hobby Lobby and Planet Fitness, ensuring high foot traffic. Located at 1855 Montgomery Hwy, Birmingham, AL 35244, the property enjoys a prime location near I-65 and I-459, just one mile from The Galleria mall. With 850 parking spaces, the center provides ample convenience for shoppers and employees. Currently, there are 22,100 square feet of vacant space available, divisible into units as small as 1,000 square feet and up to a maximum contiguous space of 54,277 square feet. Built in 1989, this center serves a densely populated, affluent area with above-average education, per-capita income, and household income levels. Median household income has experienced significant growth, increasing by 51% since 2000. The center's location on a high-traffic corridor, combined with its strong tenant base offering health and wellness services, grocery, and restaurants, presents a compelling investment opportunity. This property is ideally suited for businesses seeking exposure in a thriving Birmingham market.

    Property Features for 1855 Montgomery Hwy

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    197,840 SF

    Building Details

    Year Built
    1989

    Unit(s) available at that property

    Space
    Space 16-17
    Size
    3,600 SF
    Space
    Space 985B
    Size
    3,000 SF
    Space
    Space 12
    Size
    1,500 SF

    HighLights

    • Jefferson County, Alabama retail center.
    • 197,840 square feet total; 23.7 acres.
    • High‑traffic location near I‑65 and I‑459, one mile from The Galleria mall.
    • Strong anchor tenants including Hobby Lobby and Planet Fitness.
    • 22,100 square feet of available space, divisible to 1,000 square feet minimum.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hobby Lobby Craft Store crazycazboys Discount Store BIDDING KINGS Auction House

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Birmingham
    County
    Shelby
    State
    Alabama
    Longitude
    -86.797026954902
    Latitude
    33.369547620639

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    FAQs

    What type of property is this?
    Retail property - Birmingham, AL: Prime Retail Space
    Where is this retail property located?
    The property is located at 1855 Montgomery Hwy Birmingham, AL.
    What are key features of this property?
    This property features: Jefferson County, Alabama retail center.; 197,840 square feet total; 23.7 acres.; High-traffic location near I-65 and I-459, one mile from The Galleria mall.
    Request Owner's contact information
    1855 Montgomery Hwy Birmingham, AL 35244
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    Birmingham, AL 35244
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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
    1855 Montgomery Hwy Birmingham, AL 35244
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