9200 Roebuck Plaza Dr Birmingham, AL 35206
This exceptional retail investment opportunity in Birmingham, Alabama, encompasses two parcels totaling 129,799 square feet, situated at 9200 & 200 Roebuck Plaza Drive, zip code 35206, in Jefferson County. The property is strategically located off I-59, shadowing a Walmart Supercenter, ensuring high visibility and substantial foot traffic. The property includes a 12,174 square foot auto dealership and shop, currently divisible into three separate suites, making it ideal for a mechanic, used car dealer, or similar businesses. Lot 2 is currently leased to a local auto dealership for a monthly rent (amount redacted). This presents a compelling opportunity for investors seeking a strong return on investment. The two parcels can be purchased together or separately, offering flexibility to suit various investment strategies. Lot 1 comprises 69,696 square feet, while Lot 2 encompasses 60,103 square feet. The asking price for the entire property is $850,000. This prime retail location offers significant potential for growth and profitability, making it an attractive proposition for discerning investors. The property's proximity to a major retailer and its convenient highway access further enhance its appeal. Detailed financial information and lease terms are available upon request.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.