Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2025 Center Point Pkwy Center Point, AL 35215
    Back to Search
    Property profile & analytics

    2025 Center Point Pkwy Center Point, AL 35215

    View on Map
    • Land
    • 1.50 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 2025 Center Point Pkwy

    Lot size
    1.50 lot acres
    Property type
    Land

    Description

    This exceptional 1.5-acre commercial land parcel is strategically located at 2025 Center Point Parkway, Center Point, Alabama, 35215, in Jefferson County. Priced at $599,000, this property presents a significant investment opportunity. The site currently features a two-story retail building totaling approximately 12,000 square feet (6,147 square feet per floor). This substantial building offers considerable potential for redevelopment or repurposing, catering to a variety of commercial uses. The property's prime location on Center Point Parkway ensures high visibility and accessibility, making it an ideal site for businesses seeking a strong presence in a thriving area. Additionally, a billboard parcel is available for separate negotiation, further enhancing the property's income potential. The asking price reflects a recent price reduction, making this an even more compelling investment opportunity. Detailed site plans and building specifications are available upon request. This property is ready for immediate development or lease, presenting a unique chance to capitalize on a high-traffic location in a growing market. Don't miss this chance to acquire a valuable commercial property in a desirable location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Center Point
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.6837
    Latitude
    33.6401

    Comparable in this City

    • Value Estimation by Request
      1.51 Acres

      2610 Center Point Pkwy

      Office properties & Spaces • 1,300 SF
      2610 Center Point Pkwy, Center Point, AL 35215
      View Details
    • Value Estimation by Request
      34.00 Acres

      5061 Pinson Valley Pkwy

      Land • 34.00 Acres
      5061 Pinson Valley Pkwy, Center Point, AL 35215
      View Details
    • Value Estimation by Request
      5,400 SF

      2650 Center Point Pkwy

      Office properties & Spaces • 5,400 SF
      2650 Center Point Pkwy, Birmingham, AL 35215
      View Details
    • Value Estimation by Request
      19.96 Acres

      3476 Caseys Xing

      Agricultural land / Farmland • 19.96 Acres
      3476 Caseys Xing, Birmingham, AL 35215
      View Details
    • Value Estimation by Request
      14.42 Acres

      4550 Pinson Valley Pkwy

      Land • 14.42 Acres
      4550 Pinson Valley Pkwy, Birmingham, AL 35215
      View Details
    • Value Estimation by Request
      0.73 Acres

      2350 Carson Rd

      COMMERCIAL (GENERAL) • 0.73 Acres
      2350 Carson Rd, Birmingham, AL 35215
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Land with Owner Financing

      Land available with owner financing and lease options.
      2808 9Th St NE, Birmingham, AL 35215
      View Details
    • $54,900

      Undeveloped Land Near Birmingham

      Undeveloped land minutes from downtown Birmingham, Alabama.
      2520 Sweeney Hollow Rd, Birmingham, AL 35215
      View Details
    • Contact for pricing
      2.09 Acres

      Land For Sale - Birmingham

      2.09 acres of land with road access.
      320 Roebuck Dr, Birmingham, AL 35215
      View Details
    • $190,000
      67.00 Acres

      Heavily Timbered Acreage For Sale

      67 acres of timbered land, 10 miles from Downtown Birmingham.
      5325 Red Hollow Rd, Birmingham, AL 35215
      View Details
    • Contact for pricing

      Prime Lot for Home Building

      Great home building site located in Birmingham, Alabama.
      2127 Park Brook Ln, Birmingham, AL 35215
      View Details
    • Contact for pricing

      Unrestricted Lot For Sale

      Unrestricted lot perfect for investors or developers.
      510 Roosevelt Ave, Birmingham, AL 35215
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space For Lease

      Retail space available for lease in Center Point, Alabama.
      1671 Center Point Pkwy, Center Point, AL 35215
      View Details
    • Contact for pricing

      Freestanding Warehouse & Manufacturing Facility

      140,000 SF warehouse/manufacturing building on 27.53 acres, Pinson Valley.
      124 Carson Rd N, Birmingham, AL 35215
      View Details
    • $9 SF/Yr
      13,905 SF

      Center Point Parkway Retail Space

      Former Walgreens, Drive-Thru, High Visibility
      2301 Center Point Pkwy, Birmingham, AL 35215
      View Details
    • Contact for pricing

      Renovated Office Building For Rent

      Recently renovated office building in North Shelby County available for rent.
      100 Concourse Pkwy, Birmingham, AL 35215
      View Details
    • $3,950 /Mo

      Pinson Valley Warehouse with Yard

      Freestanding warehouse with office space and fenced yard.
      3105 Pinson Valley Pkwy, Birmingham, AL 35215
      View Details
    • Contact for pricing

      Grocery Anchored Shopping Center Available

      Prime location with high traffic and strong tenant mix.
      1671 Center Point Pkwy, Center Point, AL 35215
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2025 Center Point Pkwy
    Center Point, AL 35215
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2025 Center Point Pkwy, Center Point, AL, 35215
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!