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OFF-MARKET
Retail properties & Spaces

2941 18Th St Homewood, AL 35209

34,000 SF 3 ac lot Built 1950
Property ID
Property summary
AI-generated overview

This exceptional 3,300-square-foot retail space is available for lease in the heart of Homewood, Alabama's vibrant downtown area. Located at 2941 18th St S, this single-tenant property sits on a 3-acre lot and is part of a thriving retail center. The building, constructed in 1950, is a one-story structure with a total of 34,000 square feet. This particular space offers an open floor plan and includes dedicated inventory space in the rear. The property boasts a prime location on a bustling retail corridor, ensuring high visibility and foot traffic. This space was previously occupied by Homewood Sporting Goods and is ready for occupancy 30 days after lease execution. Join a strong tenant mix including Argent Antiques, At Home, Seibels Cottages, Alabama Goods, Hairgroup, and Penzey's Spices. The property is situated in the Mountain Brook submarket, within the Vestavia Hills cluster, and offers an unparalleled opportunity to establish or expand a retail business in one of Alabama's most desirable retail destinations. Lease rates and terms are available upon request. This is a rare opportunity to secure a prominent retail presence in a highly sought-after location.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1950
Total area 34,000 SF
Lot 3 ac (130,680 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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