169 State Farm Pkwy Birmingham, AL 35209-7111
Property profile & analytics
169 State Farm Pkwy Birmingham, AL 35209-7111
- Investment properties
- 6,858 SF
- 0.82 lot acres
Property ID
US03-0424985
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- McAlister's Deli / Take-out & Catering
- T.C.S.C.M. Restaurant / Restaurant
- Rush My Passport / Travel Agency
Property Details for 169 State Farm Pkwy
- Year built
- 2000
- Lot size
- 0.82 lot acres
- Property size
- 6,858 SF
- Zone code
- PMUD
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 29-00-23-3-001-001.016
- APU
- 2900233001001016
Description
This exceptional 2,225 square foot medical office space is ideally situated at 169 State Farm Parkway in Homewood, Alabama, within Jefferson County, zip code 35209. Previously occupied by Stanton Optical, the property is fully built-out and ready for immediate occupancy by a medical professional or related business. The single-tenant space offers a turnkey solution, eliminating the need for extensive renovations or build-out costs. Its convenient location provides easy access for patients and staff, with excellent visibility and ample parking. The property is classified as both retail and office space, offering flexibility for a variety of medical uses. This presents a unique opportunity to acquire a well-appointed medical office in a thriving Birmingham suburb. The property's location in Homewood, Alabama, offers a strong demographic profile and a robust local economy. The building is ready for immediate use, minimizing downtime and maximizing return on investment. This is a rare opportunity to acquire a fully functional medical office space in a highly desirable location. Serious inquiries are encouraged to explore this exceptional investment opportunity. The property is located at 33.449536 latitude and -86.8225745 longitude.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,300,000
- ML approach
- $1,275,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,325,000
- 6.5%
- $1,225,000
- 7%
- $1,135,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,603,000
Market price range: $492k - $2.26M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,450,000 Current use
- RESTAURANT
- $1,875,000 Change: +29% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $1,855,000 Change: +28% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $1,385,000 Change: -5% Conversion: Moderate
- MEDICAL BUILDING
- $1,220,000 Change: -16% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Birmingham
- County
- Jefferson
- State
- Alabama
- Longitude
- -86.8225
- Latitude
- 33.4495
- CBSA code
- 13820
- CBSA name
- BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$22,236
$185,200
$66,720
$251,920
-
$926,000
$333,600
$1,259,600
