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1415 3Rd Ave Birmingham, AL 35233

OFF-MARKET Retail properties & Spaces Google Maps
Built 2021
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 1,470 square foot retail or restaurant space is located in Birmingham, Alabama, at 1415 3rd Ave S, zip code 35233. Built in 2021 and renovated in 2022, this Class B property offers a single tenancy in a one-story building. The space boasts a prominent corner location ensuring high brand visibility. Its strategic position directly across the street from Regions Field provides unparalleled exposure to a large and diverse customer base. Further enhancing its appeal, the property sits beneath 228 luxury apartment units, guaranteeing a built-in customer pool. This vibrant location is nestled in the heart of the bustling Parkside District, offering immediate access to a thriving community. The property's proximity to the University of Alabama at Birmingham's campus and medical district, with over 50,000 students and employees, presents a significant opportunity to tap into a substantial and consistent customer demographic. This prime location offers an unparalleled chance to establish a successful business in a high-traffic, high-visibility area. The property is ready for immediate occupancy.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2021

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Apartment Rental Agency Gated Community
  • Nightclub Theater & Performing Art Venue
  • Financial Advisor
  • Financial Advisor
  • Consultant Business Development Service

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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