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Property profile & analytics
OFF-MARKET
Estimated value
$4,640,000
Outlet malls
211 Smt Pkwy Birmingham, AL 35209-4751
Individually Owned
20-yr Hold
Absentee Owner
Free & Clear
Property ID
US03-0398429
Property summary
AI-generated overview
This exceptional flex space, part of the 77,367 square foot Crescent Centre, offers a prime location in Homewood, Alabama. Situated at 211 Summit Parkway, between Valley Avenue and Oxmoor Road on Summit Parkway, this property boasts convenient access to Interstate 65, making it an ideal location for businesses needing easy interstate access. The space itself totals 2,524 square feet and is part of a multi-tenant building. The property is classified as both office and industrial, offering versatility for a range of business needs. A significant advantage is the absence of CAM charges and Birmingham occupational tax. Furthermore, the rental rate includes dumpster service, providing added convenience. The property benefits from 24/7 on-call property management services, ensuring efficient and responsive building maintenance. For businesses requiring specific layouts, customized build-outs are available, allowing for tailored space configurations to meet individual operational requirements. The property is located in Jefferson County, Alabama, with a zip code of 35209. This centrally located service center presents a compelling opportunity for businesses seeking a functional and cost-effective workspace.
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1988
Total area
77,937 SF
Lot
7.5 ac (326,700 SF)
Zoning code
L1
APN
29-00-14-3-004-016.000
UPID
US03-0398429
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Stop Heart Attack Medical Supply Store
-
5ML LABS Medical Clinic Skin Care Clinic
-
Erie Home Roofing Company General Contractor
-
Trio Safety CPR+AED powered by GoRescue Training Center Vocational School
-
Stop Heart Attack powered by GoRescue Medical Supply Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.58M
Blend (final)
Blend
$4.64M
Owner & transaction history
Barber,george W JR · 20 yrs held
Barber,george W JR
since 2005
2 recorded transactions
Zoning & alternative use
L1 · Birmingham, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Birmingham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Birmingham submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.64M
Range $4.18M – $5.10M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$60 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$53,754
Tax year 2022
Assessed value
$907,920
Assessed 2023
Previous assessed
$716,720
+26.7% YoY
Effective rate
5.92%
On assessed value
Assessed land
$220,520
Assessed improvement
$687,400
Land market value
$1,102,600
Improvement market value
$3,437,000
Total market value
$4,539,600
Applied tax rate
12.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1988
Heating
SPACE
Stories
1
Bathrooms
1
Total area
77,937 SF
Lot
7.5 ac (326,700 SF)
Zoning code
L1
APN
29-00-14-3-004-016.000
UPID
US03-0398429
Jurisdiction
JEFFERSON
Zoning & alternative use
L1 · Birmingham, AL
Zoning L1 · permitted uses
L1 · Birmingham, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Birmingham. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1988
Heating
SPACE
Stories
1
Bathrooms
1
Lot
7.5 ac
Current owner
From public records · entity-resolved
Barber,george W JR
Individual
Free & Clear · 20 yrs held
Mailing address
27 INVERNESS CTR PKWY, HOOVER, AL 35242-4810
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 5, 2005
$1,485,000
Barber,george W JR
Barber G W JR Trust 5
Warranty Deed
related
—
Dec 1, 1995
$3,125,000
New Owner
Union Labor Life
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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