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Property profile & analytics
OFF-MARKET Estimated value $1,950,000
Community centers

104 Market Ctr Dr 140 Alabaster, AL 35007-8610

47,835 SF 4.73 ac lot Built 1994
Individually Owned 2-yr Hold Free & Clear
Property ID
US03-0210337
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Kel-Bel’s Fitness and Coaching Gym & Fitness Center Training Center
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
Ity Of Alabaster Board Of Education · 2 yrs held
Ity Of Alabaster Board Of Education
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
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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