Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    596 Fieldstown Rd Gardendale, AL 35071-3437

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    596 Fieldstown Rd Gardendale, AL 35071-3437

    View on Map
    • Turn key restaurants
    • 4,548 SF
    • 0.70 lot acres
    Off-Market
    Property ID
    US03-0391446
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Pizza Hut / Take-out & Catering
    • Caliber Car Wash / Car Wash

    Property Details for 596 Fieldstown Rd

    Year built
    2001
    Lot size
    0.70 lot acres
    Property size
    4,548 SF
    Zone code
    C2
    Property type
    Turn key restaurants
    APN
    14-00-11-4-010-007.000
    APU
    1400114010007000

    Description

    This exceptional investment opportunity presents a fee-simple Caliber Car Wash located at 596 Fieldstown Rd, Gardendale, Alabama, 35071. The property boasts a substantial 3,648 square foot building situated on a 1.15-acre lot. Currently operating under a triple-net (NNN) lease with a corporate guarantee, this car wash offers significant financial stability. The lease commenced April 8, 2022, and has a remaining term of approximately 18.2 years, extending to January 31, 2043. The annual net operating income (NOI) is $258,472, resulting in a compelling 6.85% cap rate. The asking price is $3,773,315, translating to a price per square foot of $1,034.35. The lease includes annual rent increases of 2.00%, providing consistent growth potential. Furthermore, the lease includes three five-year renewal options, potentially extending the lease term to 35 years. This property is built in 2001 and qualifies for 15-year accelerated depreciation and bonus depreciation, offering additional tax advantages for the investor. The property's 100% occupancy ensures immediate cash flow. This is a rare opportunity to acquire a high-performing, long-term, and secure investment in a prime location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Gardendale
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.8214
    Latitude
    33.653
    CBSA code
    13820
    CBSA name
    BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $10,268
    $104,820
    $0.00
    $104,820
    -
    $524,100
    $0.00
    $524,100

    Comparable in this City

    • Value Estimation by Request
      7,525 SF

      896 Decatur Hwy

      RESTAURANT • 7,525 SF
      896 Decatur Hwy, Gardendale, AL 35071
      View Details
    • Value Estimation by Request
      3,555 SF

      617 Decatur Hwy

      RESTAURANT • 3,555 SF
      617 Decatur Hwy, Gardendale, AL 35071-2908
      View Details
    • Value Estimation by Request
      3,432 SF

      520 Decatur Hwy

      RESTAURANT • 3,432 SF
      520 Decatur Hwy, Gardendale, AL 35071-3637
      View Details
    • Value Estimation by Request
      11,962 SF

      838 Odum Rd

      RESTAURANT • 11,962 SF
      838 Odum Rd, Gardendale, AL 35071-4739
      View Details
    • Value Estimation by Request
      6,462 SF

      915 Odum Rd

      RESTAURANT • 6,462 SF
      915 Odum Rd, Gardendale, AL 35071-3600
      View Details
    • Value Estimation by Request
      11,526 SF

      901 Fieldstown Rd

      RESTAURANT • 11,526 SF
      901 Fieldstown Rd, Gardendale, AL 35071-4606
      View Details

    Similar Nearby for Sale

    • $360,000
      0.18 Acres

      Retail Opportunity in Gardendale, AL

      Retail or office building centrally located in Gardendale, Alabama.
      112 W Tarrant Dr, Gardendale, AL 35071
      View Details
    • $375,000
      1,800 SF

      Commercial Property in High-Traffic Area

      Two commercial properties in a high-growth area, currently leased.
      501 Tarrant Rd, Gardendale, AL 35071
      View Details
    • $5,027,000
      4,077 SF

      Modern Car Wash Investment Opportunity

      New 4,077 SF car wash property in Gardendale, Alabama.
      420 Fieldstown Rd, Gardendale, AL 35071
      View Details
    • Contact for pricing

      Freestanding Building on Highway 31

      Freestanding building in Gardendale with ample parking and signage.
      896 Decatur Hwy, Gardendale, AL 35071
      View Details
    • $2,300,000
      44,264 SF

      Versatile Commercial Building on US-31

      Two-story, 44,264 SF commercial building on 5 acres.
      2405 Decatur Hwy, Gardendale, AL 35071
      View Details
    • $375,000
      1,800 SF

      High-Traffic Commercial Property Available

      Two commercial lots in high-growth area with leases in place.
      501 Tarrant Rd, Gardendale, AL 35071
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space on Fieldstown Road

      Retail opportunity in Gardendale's sought-after corridor with pylon signage.
      439 Fieldstown Rd, Gardendale, AL 35071
      View Details
    • Contact for pricing

      Retail Opportunity Near I-65

      Retail spaces available near I-65 and Fieldstown Road.
      601 Lake St, Gardendale, AL 35071
      View Details
    • Contact for pricing

      Freestanding Building on Highway 31

      Freestanding building in Gardendale with ample parking and highway access.
      896 Decatur Hwy, Gardendale, AL 35071
      View Details
    • $12 SF/Yr
      9,360 SF

      Gardendale Retail Space - 9,360 SF

      Class A Retail Building, Fully Vacant
      1303 Decatur Hwy, Gardendale, AL 35071
      View Details
    • Contact for pricing

      Medical Office Space For Rent

      One-level medical office space with high-traffic street exposure.
      527 Fieldstown Rd, Gardendale, AL 35071
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    596 Fieldstown Rd
    Gardendale, AL 35071-3437
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!