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Property profile & analytics
OFF-MARKET Estimated value $1,680,000
Retail space

3965 Crosshaven Dr Vestavia, AL 35243-5426

11,499 SF 1.67 ac lot Built 2003
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US03-0503463
Property summary
AI-generated overview

This exceptional Class A retail property, located at 3965 Crosshaven Drive in Vestavia Hills, Alabama, offers a prime opportunity for a discerning tenant. The property is a single-tenant building within a commercial strip center, boasting a total of 11,091 square feet. Currently, 3,150 square feet is available for lease, presenting a significant space for a variety of retail businesses. The building's prime location in Jefferson County, with easy access from Crosshaven Drive, ensures high visibility and ample foot traffic. The property's "A" classification reflects its superior construction, modern amenities, and desirable location within the thriving Vestavia Hills community. The zip code is 35243. This is an excellent opportunity to establish or expand a retail presence in a high-demand area. The property's single-tenant configuration offers flexibility and control, while its strategic placement within a commercial strip center benefits from shared parking and synergistic businesses. The substantial square footage provides ample room for a large-scale retail operation or the potential to subdivide the space. This property is ideal for businesses seeking a prominent location in a vibrant and affluent community. Serious inquiries are encouraged to explore this exceptional leasing opportunity.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2003
Total area 11,499 SF
Lot 1.67 ac (72,876 SF)
Zoning code INST1
APN 28-00-15-4-013-008.000
UPID US03-0503463
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
Current use
Occupant on record · Public records
  • Cahaba Dermatology Skin Health Center Medical Clinic Skin Care Clinic
  • TrustCare Medical Clinic
  • Milo's Hamburgers Restaurant Take-out & Catering
  • higi Physician
  • Sara Corder Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.73M
Comparable Approach Comparable
$2.18M
Blend (final) Blend
$1.68M
Owner & transaction history
Cahaba Hts Corner Cgp I LLC · 6 yrs held
Cahaba Hts Corner Cgp I LLC
since 2020
2 recorded transactions
2020
Price N/A
1969
Price N/A
Zoning & alternative use
INST1 · Vestavia, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units) $2.3M +64.9%
Medical building $2.0M +45.5%
Commercial (general) $2.0M +43.4%
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