Current Use by 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
Property Details for 1155 Bankhead Hwy
- Year built
- 1965
- Property type
- Retail properties & Spaces
- Property subtype
- Office Spaces
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Birmingham
- County
- Jefferson
- State
- Alabama
- Longitude
- -86.8576
- Latitude
- 33.5329
