350 State Farm Pkwy Birmingham, AL 35209-7331
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
PMUD · Birmingham, ALBirmingham. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.