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Property profile

1601 Center Point Pkwy Birmingham, AL 35215

OFF-MARKET
Lifestyle centers
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Property summary

AI-generated overview

Eastgate Plaza, located at 1601 Center Point Pkwy, Birmingham, Alabama 35215, presents a compelling investment opportunity. This 38,628-square-foot retail center sits on a sizable 3.29-acre lot, offering significant potential for redevelopment or lease-up. Currently fully vacant, the property provides a blank canvas for a new owner to customize and reposition the space to meet current market demands. The flexible layout allows for a variety of uses, with customizable suites available ranging in size from 800 square feet to a substantial 16,000 square feet. This presents a unique chance to create a thriving retail destination in a high-traffic area of Jefferson County. The asking price for this exceptional property is $2,600,000. The property's location in Birmingham, Alabama, offers access to a robust consumer base and strong regional infrastructure. This is an ideal opportunity for investors seeking a value-add project with significant upside potential. The expansive square footage and flexible suite sizes provide considerable adaptability to a wide range of retail concepts. Don't miss this chance to acquire a prime retail center in a dynamic market.

Property profile

Verified
Property type Lifestyle centers

Cap rate & NOI

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

Location

1601 Center Point Pkwy Birmingham, AL 35215
Birmingham metro
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Value estimations

Realmo proprietary · 4 methods
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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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