1680 Montclair Rd Irondale, AL 35210-2410
- Community centers
- 19,357 SF
- 2.64 lot acres
Aug 16, 2021
Current Use by Public Records
- Community centers
Property Details for 1680 Montclair Rd
- Year built
- 2007
- Lot size
- 2.64 lot acres
- Property size
- 19,357 SF
- Zone code
- CB2
- Property type
- Community centers
- APN
- 23-00-26-1-003-002.000
- APU
- 2300261003002000
Description
This exceptional commercial property, Eastwood Village East, presents a prime investment opportunity in Birmingham, Alabama. Located at 1680 Montclair Rd, 35210, this two-building complex offers a total of 37,917 square feet of versatile space, ideal for a variety of uses including traditional office, coworking, retail, boutiques, and salons. The property boasts a Class B rating and features 22 suites across one-story buildings. Currently, there are three available spaces ranging from 1,400 to 4,800 contiguous square feet, with a minimum divisible space of 1,400 square feet. Two of the available spaces are 2,400 square feet each, located in Building 5, while a 1,400 square foot space is available in Building 4. The center enjoys a highly desirable location, strategically positioned between Montclair Road and Crestwood Boulevard, a major retail hub in East Birmingham. Its proximity to a new $60 million Amazon Distribution Center, the new Birmingham Veterans Affairs Medical Center, and Interstate 20 provides unparalleled access and visibility. Recent additions of national retailers such as Sola Salons and ACE Hardware further enhance the area's appeal and growth potential. This Walmart shadow-anchored center offers a unique blend of convenience, accessibility, and growth potential, making it an attractive proposition for businesses seeking a thriving location in Birmingham.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $6,215,000
- ML approach
- $6,155,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $4,825,000
- 6.5%
- $4,455,000
- 7%
- $4,140,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $6,151,000
Market price range: $185k - $6.39M
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Location Insight
- Map
- Local Demand
- City
- Irondale
- County
- Jefferson
- State
- Alabama
- Longitude
- -86.7175
- Latitude
- 33.5282
- CBSA code
- 13820
- CBSA name
- BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA