Property summary
This exceptional 3,839 square foot freestanding building presents a unique investment opportunity in Birmingham, Alabama. Previously a bank, this single-tenant property boasts a convenient drive-thru, a highly desirable feature for a variety of businesses. Its strategic location on Parkway East ensures high visibility and accessibility, benefiting from its proximity to a major thoroughfare, I-59, and experiencing significant daily traffic counts. The property enjoys a strong shadow-anchored position by a Walmart Supercenter, further enhancing its appeal and drawing from the substantial customer base of this retail giant. Adjacent to the Roebuck Shopping Center, this location benefits from synergistic foot traffic and a thriving commercial environment. The entire 3,839 square feet is currently vacant, offering a blank canvas for a new tenant to customize and develop the space to their specific needs. This property is ideal for a variety of uses, including retail, office, or restaurant operations, making it a versatile and attractive option for discerning investors seeking a prime location with significant potential. The building's former use as a bank suggests a solid foundation and existing infrastructure, potentially reducing initial renovation costs. This turnkey opportunity combines excellent location, high visibility, and a desirable drive-thru feature, presenting a compelling investment prospect in a robust commercial area.
Property profile
VerifiedCap rate & NOI
Current use
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Loan Service Bank
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Bank Loan Service
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Atm
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Bank Credit Union
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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