169 State Farm Pkwy Homewood, AL 35209
- Investment properties
- 6,858 SF
- 0.82 lot acres
Current Use by Public Records
- McAlister's Deli / Sandwich Shop
- T.C.S.C.M. Restaurant / Restaurant
- Rush My Passport / Passport Photo Processor / Visa And Passport Office
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 Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,300,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,695,000
- 6.5%
- $1,675,000
- 7%
- $1,740,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,750,000
- Geo Method
- $1,695,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,810,000
- Retail
- $1,590,000
- Mixed-Use
- $1,515,000
- Hospitality
- $1,525,000
- Educational
- $1,715,000
- Residential Income
- $1,365,000
- Energy
- $1,545,000
- Income-Based Land
- $1,710,000
- Food Service
- $1,645,000
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
