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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

9178 Parkway Birmingham, AL 35206

3,839 SF
Property ID
Property summary
AI-generated overview

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
Verified
Property type Retail properties & Spaces
Total area 3,839 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
  • Regions Mortgage Loan Service Bank
  • Regions Bank Bank Loan Service
  • ATM (Regions Bank) Atm
  • Western Union Bank Credit Union
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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