169 State Farm Pkwy Birmingham, AL 35209-7111
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.
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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.