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    Property profile & analytics

    3979 Parkwood Rd Bessemer, AL 35022

    • Investment properties
    • 21,600 SF
    • 2.14 lot acres
    For Lease
    View listing
    $20 SF/Yr
    Value Estimation
    $385,000
    Location Intelligence
    Property ID
    US03-0762520
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Domino's Pizza / Pizza Delivery / Chicken Wings Restaurant
    • Schambeau Kevin M DDS / Dentist
    • Morgan Road Station / Business Center / Shopping Mall
    • Byron Eaton: Allstate Insurance / Auto Insurance Agency / Home Insurance Agency
    • China Wok / Chinese Restaurant / Chinese Takeaway

    Property Details for 3979 Parkwood Rd

    Year built
    2000
    Lot size
    2.14 lot acres
    Property size
    21,600 SF
    Zone code
    C3
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    38-00-36-3-001-012.001
    APU
    3800363001012001

    Description

    This exceptional 1,400 square foot retail space is situated within the vibrant Morgan Road Station shopping center in Jefferson County. The property is part of a larger 19,720 square foot retail strip center, offering excellent visibility and accessibility. Currently, 1,400 square feet is immediately available for lease, presenting a fantastic opportunity for a variety of retail businesses. The location boasts high foot traffic due to its proximity to popular restaurants including McDonald's, Waffle House, Dairy Queen, Papa John's, and Subway, ensuring a steady stream of potential customers. The strategic placement near Bessemer Airport further enhances its appeal to a diverse clientele. This property is ideal for businesses seeking a well-established location with strong existing traffic and convenient access. The multiple tenancy setup within the center provides a synergistic environment, fostering a thriving retail community. This space offers a prime opportunity to establish or expand your business in a high-demand area. Contact us today to schedule a viewing and explore the possibilities. Don't miss out on this exceptional retail space in a prime Jefferson County location.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $430,000

    • CAP approach

      CAP return
      Estimation
      6%
      $325,000
      6.5%
      $345,000
      7%
      $355,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $340,000
      Geo Method
      $365,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $385,000
      Retail
      $330,000
      Mixed-Use
      $285,000
      Hospitality
      $300,000
      Educational
      $390,000
      Residential Income
      $355,000
      Energy
      $325,000
      Income-Based Land
      $370,000
      Food Service
      $325,000

    Location Insight

    • Map
    • Local Demand
    City
    Bessemer
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.9161
    Latitude
    33.3374
    CBSA code
    13820
    CBSA name
    BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $21,292
    $111,920
    $254,360
    $366,280
    -
    $559,600
    $1,271,800
    $1,831,400

    Comparable in this City

    • Value Estimation
      $330,000
      5,960 SF

      730 Academy Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 5,960 SF
      730 Academy Dr, Bessemer, AL 35022-5200
      View Details
    • Value Estimation
      $350,000
      10,248 SF

      3985 Parkwood Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 10,248 SF
      3985 Parkwood Rd, Bessemer, AL 35022-5690
      View Details
    • Value Estimation
      $240,000
      6,260 SF

      3000 Morgan Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 6,260 SF
      3000 Morgan Rd, Bessemer, AL 35022-6452
      View Details
    • Value Estimation
      $210,000
      2,526 SF

      2400 Morgan Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,526 SF
      2400 Morgan Rd, Bessemer, AL 35022-5004
      View Details
    • Value Estimation
      $435,000
      20,048 SF

      5031 Frd Pkwy

      OFFICE/RESIDENTIAL (MIXED USE) • 20,048 SF
      5031 Frd Pkwy, Bessemer, AL 35022-5283
      View Details
    • Value Estimation by Request
      14,124 SF

      1205 Lk SE Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 14,124 SF
      1205 Lk SE Dr, Bessemer, AL 35022-6487
      View Details

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    Bessemer, AL 35022
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    Realmo Value Estimation

    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.

    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.

    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
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