Technical
Financial
Distress signals
Property profile

104 Market Ctr Dr 140 Alabaster, AL 35007

OFF-MARKET
Community centers
Property ID
US03-0210337
47,835 SF 4.73 ac lot Built 1994
Individually Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional retail property, Alabaster Market Center, located at 104 Market Center Dr, Alabaster, AL 35007, offers 19,900 square feet of prime commercial space. Built in 1994, the center boasts abundant parking, a significant advantage for customers and employees. Currently, there are 12,920 square feet of vacant space available, divisible into units ranging from a minimum of 1,200 square feet to a maximum contiguous space of 9,100 square feet. This presents a unique opportunity for businesses seeking flexible and adaptable retail space in a thriving Shelby County location. The property's multiple tenancy structure allows for a diverse range of businesses to coexist, creating a vibrant and attractive shopping environment. The property's location in Alabaster, Alabama offers excellent visibility and accessibility, ensuring high foot traffic and convenient access for customers. This is an ideal opportunity for businesses looking to establish or expand their presence in a bustling retail market. The available space is ready for immediate occupancy, providing a seamless transition for new tenants. Contact us today to learn more about this exceptional retail leasing opportunity.

Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 1994
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 47,835 SF
Lot 4.73 ac (206,039 SF)
APN 231021002027000
UPID US03-0210337

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Gym & Fitness Center Training Center

Location

104 Market Ctr Dr, Unit 140 Alabaster, AL 35007-8610
Alabaster metro Census 30306 BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.95M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.95M

Owner & transaction history

since 2024
Last sale
$2.0M
6 recorded transactions
2024
$2.0M
2010
Price N/A
2007
Price N/A
2007
Price N/A
2006
$2.3M
2006
$49,000

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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