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Property profile & analytics
OFF-MARKET Estimated value $4,835,000
Strip malls

4704 Cahaba Riv Rd Birmingham, AL 35243-2344

34,388 SF 4 ac lot Built 1990
Entity Owned 21-yr Hold ~ Est. High Equity
Property ID
US03-3134054
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Daisy Nails Nail Salon
  • Birmingham ID & Infusion Medical Clinic
  • Weiss Dental Dental Office
  • Weigh to Wellness Weight Loss Service Health Consultant
  • Lapidus William I MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$6.57M
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.84M
Owner & transaction history
Altadena Partners LLC · 21 yrs held
Altadena Partners LLC
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
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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