Technical
Financial
Distress signals
Property profile

4704 Cahaba Riv Rd Birmingham, AL 35243

OFF-MARKET
Strip malls
Property ID
US03-3134054
34,388 SF 4 ac lot Built 1990
Entity Owned 21-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Altadena Square, a 30,330 square foot neighborhood shopping center in Vestavia Hills, Alabama, offers a prime retail opportunity. Located at the major intersection of Cahaba River Road, Acton Road, and Colonnade Parkway, this property boasts superior visibility and high traffic counts due to its strategic placement at a traffic light. Currently, 1,019 square feet of retail space is available for lease. The center features a strong and diverse tenant mix with a history of long-term occupancy, indicating a stable and desirable location. The surrounding area is experiencing significant growth, with recent developments including Patchwork Farms, Lifetime Fitness, Slice Pizza, and Grandview Medical Center, creating a dynamic and expanding trade area. Ample and convenient parking is provided for customers and tenants. The property's address is 4704 Cahaba River Rd, Vestavia Hills, AL 35243. This location presents a unique chance to establish or expand a business within a thriving retail environment. The available space is ideal for a variety of retail uses.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1990
Construction STEEL FRAME
Total area 34,388 SF
Lot 4 ac (174,240 SF)
Zoning code B2
APN 28-00-27-3-000-023.000
UPID US03-3134054

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Nail Salon
  • Medical Clinic
  • Dental Office
  • Weight Loss Service Health Consultant
  • Physician

Location

4704 Cahaba Riv Rd Birmingham, AL 35243-2344
Birmingham metro Census 12910 BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$6.57M
Comparable Approach Comparable
by Request
Blend (final) Blend
$550k

Owner & transaction history

since 2005
6 recorded transactions
2021
Price N/A
2017
Price N/A
2005
$2.9M
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

B2 · Birmingham, AL
Zoning description

Section 2. B-2 General Business District Subsection 1. Generally. The regulations set forth in this Section or set forth elsewhere in this Ordinance, when referred to in this Section, are the regulations in the B-2 Gener…

General category CIVIC_INSTITUTIONAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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