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1329 4Th Ave Birmingham, AL 35233

OFF-MARKET Retail properties & Spaces Google Maps
Built 2023
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

Macaroni Lofts presents a unique 4,800 square foot retail opportunity in Birmingham, Alabama's vibrant Parkside District. This 2023-built, single-tenant space is part of a mixed-use development featuring 44 luxury residential lofts. The property boasts an enviable location within walking distance of Railroad Park, Regions Field, and a Publix supermarket, ensuring high foot traffic and convenient access for employees and residents. Its proximity to UAB and Children's Hospital further enhances its appeal, attracting a substantial daytime population. The building itself offers an elevated community courtyard providing stunning city skyline and Regions Field views, creating a desirable atmosphere for both patrons and residents. This adaptive reuse development provides a rare chance to establish a business in the heart of a thriving, amenity-rich neighborhood. The property is classified as retail, with a mixed-use subtype, specifically catering to restaurant establishments. Jefferson County location ensures access to a robust infrastructure and supportive business environment. This is an exceptional opportunity for a discerning business seeking a high-profile location in a rapidly growing area.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2023

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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