9178 Parkway Birmingham, AL 35206
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.
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Regions Bank Bank Loan Service
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ATM (Regions Bank) Atm
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Western Union Bank Credit Union
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.