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    1719 Center Point Pkwy Birmingham, AL 35215

    For Lease
    $8 SF/Yr ($12,160 /Mo)

    13 Suites, 6,354 SF Vacant

    Lot size:
    18,240 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    The Martin Building, located at 1719 Center Point Parkway in Birmingham, Alabama, presents a compelling retail investment opportunity. This single-story, 18,240 square foot strip center, built in 1968 and renovated in 1991, sits on a 0.89-acre lot and offers 13 individual suites. Currently, there is 6,354 square feet of vacant space available, presenting a chance to lease to new tenants or reposition the property. The building features ample parking with 40 spaces. The property is zoned C1-I1, providing flexibility for a variety of retail uses. Its location on Center Point Parkway ensures high visibility and convenient access for customers. The property's APN is 12-00-19-2-001-006.000. The building has no elevators. Two immediately available spaces range from 1,069 to 1,345 square feet, offering storefront space with excellent visibility and easy ingress/egress. This property is an ideal investment for those seeking a well-located retail center with significant upside potential. The property's zip code is 35215.

    Property Features for 1719 Center Point Pkwy

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    18,240 SF
    Total Rate
    12160

    Building Details

    Year Built/Renovated
    1968/1991
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    1801
    Size
    1,345 SF
    Rate per SF
    $8
    Space
    1727
    Size
    1,069 SF
    Rate per SF
    $8

    HighLights

    • Retail property with multiple tenants.
    • Multi‑tenant retail building.
    • Built in 1968, renovated in 1991.
    • 18,240 square feet of gross leasable area (GLA).
    • 0.89‑acre land parcel.
    • C1‑I1 zoning.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Boost Mobile Cell Phone Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Birmingham
    County
    Shelby
    State
    Alabama
    Longitude
    -86.684310838365
    Latitude
    33.633779028978

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    FAQs

    What type of property is this?
    Neighborhood center - 13 Suites, 6,354 SF Vacant
    Where is this neighborhood center located?
    The property is located at 1719 Center Point Pkwy Birmingham, AL.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: Retail property with multiple tenants.; Multi-tenant retail building.; Built in 1968, renovated in 1991.
    Request Owner's contact information
    1719 Center Point Pkwy Birmingham, AL 35215
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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
    1719 Center Point Pkwy Birmingham, AL 35215
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