Property profile

2941 18Th St Homewood, AL 35209

OFF-MARKET
Retail properties & Spaces
34,000 SF 3 ac lot Built 1950
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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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store

Location

2941 18Th St Homewood, AL 35209
Homewood metro
Google Maps

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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