Financial
Distress signals
Property profile

7480 Parkway Dr Leeds, AL 35094

FOR LEASE
Strip malls
Property ID
US03-0804622
52,471 SF 6.44 ac lot Built 1971
Last sale Apr 2021 · $545,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Retail space totaling approximately 3,000 square feet is located at Leeds Commons, just off I-20, providing convenient access and visibility from the surrounding roadway network. The center is situated in a densely populated area and is near major retail and entertainment destinations, including Bass Pro Shops, Walmart, the Outlet Shops of Grand River, and Barber Motorsports Park and Museum. The property is part of a multi-tenant retail complex with current occupants that have included Farmers Home Furniture, Workout Anytime, Rapha Ministries, Rusty’s BBQ, and Chinawok.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$22k
Tax billed · 2022
Assessed value · 2023$450k
Assessed land$52k
Assessed improvement$398k
Effective rate4.83%

Value estimate

· Sep 2026
$500k
$450k – $550k
AI approach$785k
Submarket $/SF estimate$617k
NOI build-up
Gross scheduled income$62k
Vacancy & credit loss−$2k
Operating expenses−$18k
NOI · 698,266.67% cap applied$42k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$141/SF
County average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$10 – $330

Cap rate analysis

How does the asset earn?
698,266.67%
$42k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B2
JurisdictionJEFFERSON

Location intelligence

Which uses thrive at this corner?
Best fit: Spa & Massage
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Spa & Massage11.6
Hair Salon11.3
Law Firm11.2

Location

7480 Parkway Dr Leeds, AL 35094
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 7 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7596 Pkwy, Leeds, AL 35094-4808 $1,085,000 Dec 2020 13,500 SF
1101 Higrove, Leeds, AL 35094-1703 $1,575,000 Mar 2020 11,584 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
5 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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