Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    400 Cahaba Park Cir Birmingham, AL 35242

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    400 Cahaba Park Cir Birmingham, AL 35242

    View on Map
    • Retail properties & Spaces
    • 24,739 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Dunkin' / Cafe & Coffee Shop
    • 280 Station / Shopping Center & Mall

    Property Details for 400 Cahaba Park Cir

    Property size
    24,739 SF
    Property type
    Retail properties & Spaces

    Description

    This exceptional retail property, located at 400 Cahaba Park Cir in Birmingham, Alabama, offers 24,739 square feet of space, with 2,269 square feet currently vacant. Situated in Shelby County, zip code 35242, the property boasts prime frontage on Highway 280, a major thoroughfare with over 80,000 vehicles passing daily (VPD). This high-traffic location ensures excellent visibility and accessibility for businesses. The single-tenant occupancy presents a unique opportunity for a variety of retail uses. The property benefits from its strategic placement at a rare signalized intersection on Highway 280, maximizing exposure to potential customers. Strong demand drivers in the immediate vicinity include major retailers like Target, as well as significant employers such as Grandview Medical Center, Southern Company, and Highlands College, creating a robust customer base. This location offers a compelling combination of high visibility, convenient access, and proximity to established businesses and residential areas, making it an ideal investment opportunity for discerning retail operators. The property's size and location provide ample space and excellent potential for growth and success. The vacant 2,269 square feet presents an immediate opportunity for lease or occupancy.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Birmingham
    County
    Shelby
    State
    Alabama
    Longitude
    -86.7066
    Latitude
    33.4286

    Comparable in this City

    • Value Estimation by Request
      37,968 SF

      611 Doug Baker Blvd

      Retail properties & Spaces • 37,968 SF
      611 Doug Baker Blvd, Birmingham, AL 35242
      View Details
    • Value Estimation by Request
      35,158 SF

      4000 Meadow Lake Dr

      Medical space • 35,158 SF
      4000 Meadow Lake Dr, Birmingham, AL 35242
      View Details
    • Value Estimation by Request
      349,686 SF

      4606 Us-280

      Retail properties & Spaces • 349,686 SF
      4606 Us-280, Birmingham, AL 35242
      View Details
    • Value Estimation by Request
      549,466 SF

      5291 Us-280

      Retail properties & Spaces • 549,466 SF
      5291 Us-280, Birmingham, AL 35242
      View Details
    • Value Estimation by Request
      9,565 SF

      8011 Liberty Pkwy

      Restaurants • 9,565 SF
      8011 Liberty Pkwy, Vestavia Hills, AL 35242
      View Details
    • Value Estimation
      $860,000
      10,359 SF

      5318 Meadowlark Ln

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 10,359 SF
      5318 Meadowlark Ln, Birmingham, AL 35242-5338
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Prime Retail Frontage on Highway

      Excellent opportunity for ground lease, purchase, or renovation.
      5425 Us Hwy 280, Birmingham, AL 35242
      View Details
    • $3,500,000

      Mixed-Use Building in Mt Laurel

      27,093 SF mixed-use building in a vibrant commercial village.
      110 Olmsted St, Birmingham, AL 35242
      View Details
    • $2,730,000

      Birmingham Office Building For Sale

      27,000 SF office building in the heart of Mt Laurel.
      5 Mt Laurel Ave, Birmingham, AL 35242
      View Details
    • $3,350,000

      Birmingham Office Building For Sale

      34,963 SF office building in the heart of Mt Laurel.
      100-200 Croft St, Birmingham, AL 35242
      View Details
    • Contact for pricing
      3,026 SF

      Inverness Center Retail Opportunity

      Retail space available in Inverness Center, Birmingham.
      264 Inverness Center Dr, Birmingham, AL 35242
      View Details
    • $360,000
      1,452 SF

      Versatile Commercial Building with Parking

      Commercial building suitable for various business types with ample parking.
      2234 Old Springville Rd, Birmingham, AL 35242
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space Available For Lease

      Retail space available for lease in Birmingham, Alabama.
      611 Doug Baker Blvd, Birmingham, AL 35242
      View Details
    • Contact for pricing

      Birmingham Land and Retail Space

      Land and retail space available for rent in Birmingham.
      500 Inverness Cors, Birmingham, AL 35242
      View Details
    • Contact for pricing

      Valleydale Road Corner Unit

      Corner unit suitable for office or retail use.
      4500 Valleydale Rd, Birmingham, AL 35242
      View Details
    • Contact for pricing
      750 SF

      Retail Spaces on Highway 280

      Retail suites available with highway visibility near major retailers.
      5530 Highway 280, Birmingham, AL 35242
      View Details
    • Contact for pricing

      Retail and Medical Suites Available

      Retail and medical suites available off Hwy 280 in Inverness.
      5291 Valleydale Rd, Birmingham, AL 35242
      View Details
    • Contact for pricing

      Retail and Office Suites Available

      Various suite sizes available for lease.
      5511 Us-280, Birmingham, AL 35242
      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.
    400 Cahaba Park Cir
    Birmingham, AL 35242
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!