1601 Center Point Pkwy Birmingham, AL 35215
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.
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.