Contact for pricing 13,304 SF

227 W College St, Columbiana, AL 35051
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This exceptional investment opportunity presents a 13,992 square-foot CVS Pharmacy situated on a 2.51-acre lot in Columbiana, Alabama, within the Birmingham MSA. Built in 2010, the property boasts a 25.1-year absolute NNN lease with CVS Pharmacy, a credit-rated tenant, leaving 11.2 years remaining on the primary term, plus ten 5-year renewal options. The lease commenced December 17, 2010, and expires January 31, 2036. The property generates a substantial net operating income (NOI) of…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?

$22k

Tax billed · 2023

Assessed value$400k

Effective rate5.40%

Value estimate

· Nov 2026

$4.17M

$3.75M – $4.59M

CAP approach$1.93M

Submarket $/SF estimate$2.37M

NOI build-up

Gross scheduled income$218k

Vacancy & credit loss−$16k

Operating expenses−$50k

NOI · 3.57% cap applied$151k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?

$125/SF

County average, outlier-cleaned · 56 recorded sales of this use type

Observed band · Q1–Q3$60 – $178

Qualifying comparables8

Cap rate analysis

How does the asset earn?

3.57%

$151k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSHELBY

Location intelligence

Which uses thrive at this corner?

Best fit: Building Supply

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Building Supply9.5

Furniture Store9.0

Dental Office9.0

227 W College St Columbiana, AL 35051

County assessor Recorded deeds · 7 transfers 8 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby

Address Sale price Sold Size

100 College, Columbiana, AL 35051 $385,000 Jun 2024 5,040 SF

21066 Hwy 25, Columbiana, AL 35051-8612 $250,000 Nov 2022 756 SF

105 Main, Columbiana, AL 35051-5359 $180,000 Oct 2022 2,760 SF

100 Main, Columbiana, AL 35051 $105,000 Oct 2022 3,024 SF

104 Main, Columbiana, AL 35051 $60,100 Aug 2021 3,807 SF

108 Main, Columbiana, AL 35051 $10,000 Jan 2020 4,472 SF

Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.

Comparable nearby

Value Estimation
$1,315,000

10,780 SF

316 College St

RETAIL STORES (PERSONAL SERVICES)

316 College St, Columbiana, AL 35051-9509

View Details
Value Estimation
$3,090,000

18,600 SF

21891 Hwy 25

RETAIL STORES (PERSONAL SERVICES)

21891 Hwy 25, Columbiana, AL 35051-8614

View Details
Value Estimation by Request
6,381 SF

106 College St

FINANCIAL BUILDING

106 College St, Columbiana, AL 35051-5315

View Details
Value Estimation
$430,000

5,625 SF

119 College St

RETAIL STORES (PERSONAL SERVICES)

119 College St, Columbiana, AL 35051-9540

View Details
Value Estimation
$410,000

5,096 SF

Columbiana, AL 35051

RETAIL STORES (PERSONAL SERVICES)

Columbiana, AL 35051

View Details
Value Estimation
$385,000

5,040 SF

100 College St

RETAIL STORES (PERSONAL SERVICES)

100 College St, Columbiana, AL 35051

View Details