You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $1,500,000
Turn key restaurants

139 State Farm Pkwy Birmingham, AL 35209-7106

9,559 SF 1.94 ac lot Built 1996
Entity Owned 1-yr Hold Free & Clear
Property ID
US03-0372803
Property summary
AI-generated overview

This exceptional redevelopment opportunity presents a 7,650 square foot former Landry's Seafood House restaurant situated on a 1.94-acre lot in Birmingham, Alabama. Located at 139 State Farm Parkway, this property boasts high visibility from I-65 and Lakeshore Parkway, within the Homewood Commons Shopping Center. The building is vacant and in good condition, including some existing kitchen equipment, making it move-in ready for immediate use or redevelopment. The property is zoned PMUD (Planned Mixed Use District), offering significant flexibility for a variety of commercial ventures. This prime location in Jefferson County, Alabama, zip code 35209, presents a unique chance to capitalize on a high-traffic area with excellent visibility and ample space for redevelopment. The asking price for this substantial property is $2,200,000. This is a rare opportunity to acquire a significant commercial property in a thriving Birmingham location. The existing structure provides a solid foundation for a variety of uses, making it an attractive investment for developers and entrepreneurs alike. Don't miss this chance to secure a prominent location with significant potential.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1996
Total area 9,559 SF
Lot 1.94 ac (84,506 SF)
Zoning code PMUD
APN 29-00-23-4-008-004.000
UPID US03-0372803
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.50M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.50M
Owner & transaction history
Retv LLC · 1 yrs held
Retv LLC
since 2024
Last sale
$1.5M
3 recorded transactions
2024
$1.5M
2022
$1.8M
1969
Price N/A
Zoning & alternative use
PMUD · Birmingham, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 139 State Farm Pkwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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