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Property profile & analytics
OFF-MARKET
Retail space

2628 19 St Hueytown, AL 35023

3,138 SF
Individually Owned 8-yr Hold
Property ID
US03-1018806
Property summary
AI-generated overview

This exceptional value-add investment property, located at 2628 19th St NW in Hueytown, Alabama (zip code 35023), presents a compelling opportunity for both owner-users and investors. The 3,138 square foot building comprises four separate suites, ranging in size from 680 to 1,070 square feet, currently operating at 100% occupancy with month-to-month leases. This allows for immediate repositioning and flexibility for the new owner. Situated on a high-traffic corner with excellent visibility, the property benefits from its proximity to Interstate 59/20, ensuring significant exposure to potential customers. The property is classified as Class C and offers ample on-site parking. The asking price is $280,000, and the property is categorized as an office and retail space, specifically an executive office and storefront. The lease type is gross, and there are no tenant credit ratings available. This prime location on the Hueytown-Bessemer line offers significant potential for redevelopment or continued operation as a multi-tenant retail and office complex. Each unit is adaptable to a variety of business types. This is a rare opportunity to acquire a well-located, income-producing property with significant upside potential.

Property profile
Verified
Property type Retail space
Total area 3,138 SF
UPID US03-1018806
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
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Robert V Hubbard · 8 yrs held
Robert V Hubbard
since 2017
1 recorded transaction
2017
$631
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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