Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    733 9Th Ave Bessemer, AL 35020
    Back to Search
    Property profile & analytics

    733 9Th Ave, Bessemer, AL 35020

    View on Map
    • Lifestyle centers
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Bessemer Plaza Shopping Center / Shopping Center & Mall
    • Kings Wings / Restaurant

    Property Details for 733 9Th Ave

    Property type
    Lifestyle centers
    Property subtype
    Power centers

    Description

    This exceptional retail shopping center, located at 733-737 9th Ave N in Bessemer, Alabama (zip code 35020), is offered at an asking price of $550,000. The property enjoys a prime location on 9th Ave N (Highway 11), providing excellent direct access and high visibility for businesses. Its strategic position offers significant advantages, being just minutes away from the I-59/20 interchange, the Amazon Distribution Center, and the Jefferson County Courthouse. The location also benefits from proximity to major employment centers, including being only 25 miles from the Mercedes Plant and 12 miles from Downtown Birmingham. This makes it an attractive investment opportunity for businesses seeking high traffic and convenient access to a substantial customer base. The property is classified as a retail shopping center and presents a compelling opportunity for investors seeking a well-situated commercial property in a growing area of Jefferson County, Alabama. The property's address is clearly visible from the highway, ensuring maximum exposure for tenants. This is a rare opportunity to acquire a well-positioned retail property in a thriving market.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bessemer
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.9703
    Latitude
    33.3936

    Comparable in this City

    • Value Estimation by Request
      2,742 SF

      840 Walnut St

      MINI-MALL
      840 Walnut St, Bessemer, AL 35020
      View Details
    • Value Estimation
      $1,140,000
      13,060 SF

      1300 Eastern Vly Rd

      SHOPPING CENTER, STRIP CENTER
      1300 Eastern Vly Rd, Bessemer, AL 35020-8609
      View Details
    • Value Estimation
      $1,685,000
      17,840 SF

      604 9th N Ave

      SHOPPING CENTER, STRIP CENTER
      604 9th N Ave, Bessemer, AL 35020-5367
      View Details
    • Value Estimation by Request
      25,593 SF

      2823 Dartmouth Ave

      SHOPPING CENTER, STRIP CENTER
      2823 Dartmouth Ave, Bessemer, AL 35020-4347
      View Details
    • Value Estimation by Request
      6,269 SF

      2108 3rd N Ave

      SERVICE SHOP (TV, ELECTRIC, PLUMBING)
      2108 3rd N Ave, Bessemer, AL 35020-4914
      View Details
    • Value Estimation by Request
      3,419 SF

      816 18th N St

      SERVICE SHOP (TV, ELECTRIC, PLUMBING)
      816 18th N St, Bessemer, AL 35020-3400
      View Details

    Similar Nearby for Sale

    • $425,000
      0.39 Acres

      High-Traffic Bessemer Retail Space

      Prime Corner Lot, High Visibility, Ample Parking
      1430 9Th Ave, Bessemer, AL 35020
      View Details
    • Contact for pricing
      6,400 SF

      Prime Commercial Property in Bessemer

      11.94 acres with multiple buildings, ideal for retail.
      1013 8Th Ave N, Bessemer, AL 35020
      View Details
    • New
      $2,160,000
      11.94 Acres

      Multi-Building Retail and Sheds

      Multi-parcel retail complex with heated buildings, restrooms, utilities, and plentiful parking for flexible income opportunities.
      1013 8Th Ave, Bessemer, AL 35020
      View Details
    • $750,000
      0.56 Acres

      Bessemer Automotive Business For Sale

      Operating automotive business and property for sale in Bessemer, AL.
      1307 N 9Th Ave, Bessemer, AL 35020
      View Details
    • Contact for pricing
      15,120 SF

      NN Walgreens in Bessemer, Alabama

      NN Walgreens for sale in a growing Alabama market.
      1815 9Th Ave N, Bessemer, AL 35020
      View Details
    • Contact for pricing
      1,907 SF

      Corner Lot Storefront Opportunity

      Corner lot storefront with extra buildable lot for sale.
      1000 19Th St N, Bessemer, AL 35020
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,000 SF

      Corner Retail/Office Space Available

      1,000 sq ft retail/office space for rent.
      900 9Th Ave E, Bessemer, AL 35020
      View Details
    • Contact for pricing
      26,000 SF

      Showroom and Warehouse on Highway

      26,000 SF showroom and warehouse with highway visibility.
      4200 Bessemer Super Hwy, Bessemer, AL 35020
      View Details
    • $3 SF/Yr
      20,000 SF

      Industrial Space for Sublease

      20,000 sqft industrial space available for sublease.
      4414 Woodward Rd, Brighton, AL 35020
      View Details
    • Contact for pricing

      Premier Industrial Development on Rodeo Court

      Scalable industrial spaces available for lease or sale.
      Rodeo Ct, Bessemer, AL 35020
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    733 9Th Ave
    Bessemer, AL 35020
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    733 9Th Ave, Bessemer, AL, 35020
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!