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Property profile & analytics
OFF-MARKET Estimated value $1,105,000
Investment properties

350 State Farm Pkwy Birmingham, AL 35209-7331

9,054 SF 1.31 ac lot Built 2000
Entity Owned 1-yr Hold Free & Clear
Property ID
US03-0884302
Property summary
AI-generated overview

This exceptional retail opportunity in Homewood, Alabama, offers up to 3,900 square feet of versatile space in a 7,976 square foot building with three suites total. The property is ideally situated in a high-traffic retail corridor along State Farm Parkway and Lakeshore Parkway, benefiting from excellent visibility and accessibility. This end-cap space is shadow-anchored by a Lowe's and enjoys proximity to four hotels: Country Inn & Suites (62 rooms), Hilton Garden Inn (95 rooms), Suburban Studios (127 rooms), and Four Points by Sheraton (108 rooms), ensuring a steady flow of potential customers. The location boasts a strong concentration of national retailers, including AllSouth Appliance, Walmart, Sam's Wholesale Club, Planet Fitness, Hobby Lobby, and PNC Bank, creating a vibrant and attractive retail environment. Two spaces are available, ranging from 1,950 to 3,900 square feet, offering flexibility for various business needs. The property is located at 350 State Farm Parkway, Homewood, AL 35209, in Jefferson County. This prime location offers exceptional potential for businesses seeking high visibility and strong customer traffic in a thriving retail market. The property is categorized as Retail, End Cap, Office, and Service, providing diverse usage possibilities.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 2000
Total area 9,054 SF
Lot 1.31 ac (57,020 SF)
Zoning code PMUD
APN 29-00-26-2-000-022.000
UPID US03-0884302
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$988k
Blend (final) Blend
$1.11M
Owner & transaction history
350 State Farm LLC · 1 yrs held
350 State Farm LLC
since 2025
Last sale
$725,000
6 recorded transactions
2025
$725,000
2014
$1.6M
2007
Price N/A
2004
Price N/A
2004
$1.9M
1969
Price N/A
Zoning & alternative use
PMUD · Birmingham, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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