Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2500 Rocky Rdg Rd Vestavia, AL 35243-4441

    • Community centers
    • 26,558 SF
    • 3.38 lot acres
    OFF-MARKET
    Value Estimations
    $2,980,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US03-0719418
    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.

    Current Use by Public Records

    • Natural Nail Spa / Nail Salon

    Property Details for 2500 Rocky Rdg Rd

    Year built
    1996
    Lot size
    3.38 lot acres
    Property size
    26,558 SF
    Zone code
    B2
    Property type
    Community centers
    APN
    28-00-32-3-002-052.000
    APU
    2800323002052000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Vestavia
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.7737
    Latitude
    33.4245
    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
    $32,088
    $87,600
    $358,700
    $446,300
    -
    $438,000
    $1,793,500
    $2,231,500

    Comparable in this City

    • Value Estimation
      $2,725,000
      31,859 SF

      3427 Colonnade Pkwy

      MINI-MALL • 31,859 SF
      3427 Colonnade Pkwy, Birmingham, AL 35243-2356
      View Details
    • Value Estimation
      $5,455,000
      34,974 SF

      117 Smt Blvd

      REGIONAL SHOPPING CENTER, MALL • 34,974 SF
      117 Smt Blvd, Vestavia, AL 35243-3166
      View Details
    • Value Estimation
      $4,845,000
      29,036 SF

      2409 Acton Rd

      SHOPPING CENTER, STRIP CENTER • 29,036 SF
      2409 Acton Rd, Vestavia, AL 35243-2940
      View Details
    • Value Estimation
      $570,000
      5,487 SF

      4232 Dolly Rdg Rd

      SHOPPING CENTER, STRIP CENTER • 5,487 SF
      4232 Dolly Rdg Rd, Vestavia, AL 35243-5746
      View Details
    • Value Estimation
      $2,470,000
      16,660 SF

      131 Smt Blvd

      REGIONAL SHOPPING CENTER, MALL • 16,660 SF
      131 Smt Blvd, Vestavia, AL 35243-3172
      View Details
    • Value Estimation
      $1,200,000
      8,499 SF

      238 Smt Blvd

      REGIONAL SHOPPING CENTER, MALL • 8,499 SF
      238 Smt Blvd, Vestavia, AL 35243-3177
      View Details

    Similar Nearby for Sale

    • $279,200
      1,191 SF

      Well-Maintained Condo with Creek View

      Comfortable condo with modern amenities, convenient location, and creek view.
      138 WEST Green, Birmingham, AL 35243
      View Details
    • $345,000
      1,422 SF

      Spacious Townhome with Fenced Backyard

      3 bed, 2.5 bath townhome with private backyard and garage.
      2257 Acton Park Cir, Birmingham, AL 35243
      View Details
    • $265,000

      Charming Updated Condo in Vestavia

      Updated 2 bed, 2 bath condo in Cahaba Heights.
      122 WEST Green, Birmingham, AL 35243
      View Details
    • Contact for pricing
      33.00 Acres

      Prime Chelsea Land - Hwy 280

      33 Acres, High Traffic, B-2 Zoning
      15205 Highway 280, Chelsea, AL 35243
      View Details
    • $559,000
      2,489 SF

      Luxury Townhome in Cahaba Heights

      Stunning townhome with walkability and high-end finishes in Vestavia Hills.
      4230 Oakview Ln, Birmingham, AL 35243
      View Details
    • $250,000
      1.35 Acres

      Residential Land in Vestavia Hills

      1.3 acre residential lot in desirable Vestavia Hills neighborhood.
      1957 Rocky Brook Dr, Birmingham, AL 35243
      View Details

    Similar Nearby for Lease

    • $37 SF/Yr
      11,091 SF

      Vestavia Hills Retail Space For Lease

      Class A Retail, High Visibility, 11,091 SF
      3965 Crosshaven Dr, Vestavia Hills, AL 35243
      View Details
    • $21 SF/Yr

      Retail/Office Space Near Vestavia

      Retail or office space available near Vestavia Hills High School.
      2496 Rocky Ridge Rd, Birmingham, AL 35243
      View Details
    • $32 SF/Yr
      7,350 SF

      Prime Retail and Office Center

      Retail and office spaces in high-demand, accessible location.
      4911 Cahaba River Rd, Birmingham, AL 35243
      View Details
    • $24 SF/Yr
      145,715 SF

      Executive Office Suites, Hoover

      Class A Office Space, Flexible Sizes
      1800 International Park Dr, Birmingham, AL 35243
      View Details
    • $23 SF/Yr
      148,964 SF

      Prime Birmingham Office Space

      Class A Office Suites, 913-19,607 SF
      0 1 Perimeter Park, Birmingham, AL 35243
      View Details
    • $19 SF/Yr
      1,722 SF

      Executive Office Suite Vestavia Hills

      Prime Vestavia Hills office space available.
      2496 Rocky Rdg Rd, Vestavia Hills, AL 35243
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2500 Rocky Rdg Rd
    Vestavia, AL 35243-4441
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.