139 State Farm Pkwy Birmingham, AL 35209-7106
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
PMUD · Birmingham, ALBirmingham. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.