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    231 State Farm Pkwy Homewood, AL 35209

    For Lease
    Contact for pricing
    Lot size:
    10,500 SF
    Added:
    Dec 11, 2024
    Days on Market:
    366

    Property Features for 231 State Farm Pkwy

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,500 SF

    Building Details

    Year Built
    2000

    Unit(s) available at that property

    Space
    103
    Size
    1,411 SF
    Space
    Suite 111
    Size
    780 SF

    HighLights

    • High‑traffic retail strip center in Homewood, Birmingham MSA, located off I‑65.
    • Six retail storefronts with ample surface parking.
    • Three available spaces: 780 SF, 1,411 SF, and 1,518 SF.
    • One unit features a drive‑thru; another has covered patio seating.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Amazon Hub Locker ... Mailing Service Vape City Tobacco Shop Wildwood Express American Restaurant Swoope Hair “Natural ... Beauty Salon Godfather's Pizza Pizza Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Homewood
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.827021
    Latitude
    33.4462202

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    FAQs

    Where is this retail property located?
    The property is located at 231 State Farm Pkwy Homewood, AL.
    What are key features of this property?
    This property features: High-traffic retail strip center in Homewood, Birmingham MSA, located off I-65.; Six retail storefronts with ample surface parking.; Three available spaces: 780 SF, 1,411 SF, and 1,518 SF.
    Request Owner's contact information
    231 State Farm Pkwy Homewood, AL 35209
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    Homewood, AL 35209
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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
    231 State Farm Pkwy Homewood, AL 35209
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