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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1155 Bankhead Hwy Birmingham, AL 35204

106,100 SF Built 1965
Property ID
Property summary
AI-generated overview

Westgate Shopping Center presents a unique investment opportunity in Jefferson County. This Class A, 106,100 square foot property, built in 1965, sits on a 12-acre lot and offers diverse space options. The zoning is B2 Commercial, allowing for a variety of uses. Currently, there are six available spaces ranging from 1,300 to 190,000 square feet, perfect for coworking, traditional office, executive suites, medical practices, or creative businesses. The property features a single story building with ample parking for 136 vehicles, ensuring convenient access for tenants and customers. The minimum divisible space is 1,300 square feet, making it ideal for smaller businesses or startups. The location benefits from proximity to densely populated residential areas, with an average household income within a 5-mile radius of $49,000 and a population of 143,000, providing a strong customer base. High traffic volume and aggressive leasing rates make this a compelling investment. The property's multiple tenancy structure offers flexibility and potential for diverse income streams. This is a rare opportunity to acquire a well-located, versatile commercial property with significant upside potential.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1965
Total area 106,100 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
Current use
Occupant on record · Public records
  • 78 Mini Mall (Bike/Boat/Book/etc) Store
  • Magic City Event Center Hotel & Motel Resort
  • All Black Everthang LLC Spiritual Center
  • All Black Everythang LLC Spiritual Center
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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