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Property profile & analytics
OFF-MARKET Estimated value $10,715,000
Community centers

5401 Beacon Dr Irondale, AL 35210-2859

125,041 SF 13.8 ac lot Built 1991
Entity Owned 7-yr Hold Free & Clear
Property ID
US03-0635126
Property summary
AI-generated overview

This exceptional retail property, known as The Hill at Grants Mill, offers 19,720 square feet of leasable space in Irondale, Alabama. Located at 5401 Beacon Drive, Birmingham, zip code 35210, this Jefferson County property presents a unique opportunity for multiple tenants. The building is currently 100% vacant, providing a blank canvas for prospective businesses. Individual spaces range from a minimum of 1,300 square feet to a maximum contiguous space of 4,800 square feet, offering flexibility for various retail concepts. Eleven separate units are available, allowing for a diverse tenant mix. The property's prime location in Irondale provides excellent visibility and accessibility, making it an ideal location for businesses seeking high foot traffic and convenient access for customers. With its ample square footage and flexible unit sizes, The Hill at Grants Mill is perfectly suited for a variety of retail uses. This is a rare opportunity to secure a significant retail presence in a thriving Alabama market. Contact us today to learn more about leasing opportunities and explore the potential of this exceptional property.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1991
Total area 125,041 SF
Lot 13.8 ac (601,128 SF)
Zoning code C1
APN 23-00-25-1-001-001.000
UPID US03-0635126
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
$11.80M
Blend (final) Blend
$10.72M
Owner & transaction history
Timber Star Alabama Grants Mill LP · 7 yrs held
Timber Star Alabama Grants Mill LP
since 2018
3 recorded transactions
2018
$7.0M
1998
$11.6M
1990
$3.4M
Zoning & alternative use
C1 · Irondale, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $17.7M +0.3%
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