Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    2560 Rocky Rdg Rd Vestavia Hills, AL 35243

    • Commercial real estate
    • 3,172 SF
    • 1.54 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US03-0757988
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 2560 Rocky Rdg Rd

    Lot size
    1.54 lot acres
    Property size
    3,172 SF
    Property type
    Commercial real estate

    Description

    This freestanding office building, located at 2560 Rocky Ridge Road in Vestavia Hills, Alabama, presents a unique investment opportunity. The 3,172 square foot building sits on a 1.54-acre lot and is conveniently situated near Publix. The property features a main level of approximately 1,712 square feet and a lower level of approximately 1,460 square feet. Currently in shell condition, the interior has been recently demoed, providing a blank canvas for renovation. The property boasts a scenic setting with Little Shades Creek flowing through the rear. Zoned CP (Preferred Commercial) in unincorporated Jefferson County, this location offers the benefits of being in the heart of Vestavia Hills. The asking price is $350,000, translating to $110.34 per square foot. The owner is willing to renovate the space for a qualified tenant. This property offers significant potential for a variety of office uses. The 35243 zip code provides easy access to major roadways and amenities.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Vestavia Hills
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.772286236353
    Latitude
    33.428508474602

    Comparable in this City

    • $3,500,000
      420,460 SF

      Tributary Office Building: Prime Birmingham Location

      420,460 SF Office Building, Vacant, $3.5M
      3196 Us-280, Birmingham, AL 35243
      View Details
    • $3,950,000
      22,850 SF

      Colonnade Parkway Industrial Space

      22,850 SF Flex Space, Birmingham, AL
      4100 Colonnade Pkwy, Birmingham, AL 35243
      View Details
    • Contact for pricing
      1.20 Acres

      Vestavia Hills Commercial Land

      1.2-acre lot, prime redevelopment opportunity.
      3124 Blue Lk Dr, Vestavia Hills, AL 35243
      View Details
    • $235,900
      1.50 Acres

      Vestavia Hills Acreage Opportunity

      1.5 acre lot in Vestavia Hills, build your dream home!
      1961 Rocky Brook Dr, Birmingham, AL 35243
      View Details
    • $505,000
      1,832 SF

      Mountain Brook End-Unit Condominium

      Well-appointed condo in gated community, convenient to highways and amenities.
      2950 Cahaba Village Pl, Birmingham, AL 35243
      View Details
    • Contact for pricing
      33.00 Acres

      Prime Chelsea Land - Hwy 280

      33 Acres, High Traffic, B-2 Zoning
      15205 Highway 280, Chelsea, AL 35243
      View Details

    Similar Nearby for Sale

    • $3,500,000
      420,460 SF

      Tributary Office Building: Prime Birmingham Location

      420,460 SF Office Building, Vacant, $3.5M
      3196 Us-280, Birmingham, AL 35243
      View Details
    • $3,950,000
      22,850 SF

      Colonnade Parkway Industrial Space

      22,850 SF Flex Space, Birmingham, AL
      4100 Colonnade Pkwy, Birmingham, AL 35243
      View Details
    • Contact for pricing
      1.20 Acres

      Vestavia Hills Commercial Land

      1.2-acre lot, prime redevelopment opportunity.
      3124 Blue Lk Dr, Vestavia Hills, AL 35243
      View Details
    • $235,900
      1.50 Acres

      Vestavia Hills Acreage Opportunity

      1.5 acre lot in Vestavia Hills, build your dream home!
      1961 Rocky Brook Dr, Birmingham, AL 35243
      View Details
    • $505,000
      1,832 SF

      Mountain Brook End-Unit Condominium

      Well-appointed condo in gated community, convenient to highways and amenities.
      2950 Cahaba Village Pl, Birmingham, AL 35243
      View Details
    • Contact for pricing
      33.00 Acres

      Prime Chelsea Land - Hwy 280

      33 Acres, High Traffic, B-2 Zoning
      15205 Highway 280, Chelsea, AL 35243
      View Details

    Similar Nearby for Lease

    • $24 SF/Yr
      145,715 SF

      Executive Office Suites, Hoover

      Class A Office Space, Flexible Sizes
      1800 International Park Dr, Birmingham, AL 35243
      View Details
    • $23 SF/Yr
      148,964 SF

      Prime Birmingham Office Space

      Class A Office Suites, 913-19,607 SF
      0 1 Perimeter Park, Birmingham, AL 35243
      View Details
    • $21 SF/Yr

      Retail/Office Space Near Vestavia

      Retail or office space available near Vestavia Hills High School.
      2496 Rocky Ridge Rd, Birmingham, AL 35243
      View Details
    • $19 SF/Yr
      1,722 SF

      Executive Office Suite Vestavia Hills

      Prime Vestavia Hills office space available.
      2496 Rocky Rdg Rd, Vestavia Hills, AL 35243
      View Details
    • $23 SF/Yr
      58,918 SF

      Acton Ridge Executive Offices

      Class A Office Suites in Vestavia Hills
      2550 Acton Rd, Vestavia Hills, AL 35243
      View Details
    • $25 SF/Yr
      6,351 SF

      Vestavia Hills Office Space For Lease

      Class A Office, 764-6351 sq ft available
      3121 Blue Lk Dr, Vestavia Hills, AL 35243
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2560 Rocky Rdg Rd
    Vestavia Hills, AL 35243
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.