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Property profile & analytics
FOR LEASE
Strip malls

7480 Parkway Dr Leeds, AL 35094

52,471 SF 6.44 ac lot Built 1971
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US03-0804622
Property summary
AI-generated overview

Leeds Commons Shopping Center offers 3,000 square feet of immediately available retail space within a larger 66,000 square foot strip center. This prime location boasts exceptional visibility and convenient access, situated just off Interstate 20. The high-traffic area ensures significant exposure to a large customer base. The property is strategically positioned within minutes of major retail anchors including Bass Pro Shops, Walmart, the Outlet Shops of Grand River, and the renowned Barber Motorsports Park and Museum. This ensures a consistent flow of potential customers. Current tenants include a diverse mix of businesses, such as Farmers Home Furniture, Workout Anytime, Rapha Ministries, Rusty's BBQ, and Chinawok, creating a vibrant and established shopping environment. The available space is ideal for a variety of retail uses, and its adjacency to Workout Anytime provides an added benefit of shared customer traffic. The 3,000 square foot space offers ample room for a business to thrive in this bustling commercial area. The property's location and existing tenant mix present a compelling opportunity for businesses seeking high visibility and a strong customer base. Consider this space for your next retail venture.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1971
Total area 52,471 SF
Lot 6.44 ac (280,352 SF)
Zoning code B2
APN 25-00-20-1-007-006.000
UPID US03-0804622
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
  • Awakening House Of Prayer- Birmingham Church
  • china wok Restaurant
  • Drayer Physical Therapy Institute Medical Clinic
  • Kingston's Chimneys General Contractor Renovation Specialist
  • ALLISON MARIE LOWMAN Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$785k
CAP Approach CAP
by Request
Comparable Approach Comparable
$617k
Blend (final) Blend
$600k
Owner & transaction history
Leeds Properties LLC · 5 yrs held
Leeds Properties LLC
since 2021
Last sale
$545,000
5 recorded transactions
2025
Price N/A
2025
Price N/A
2021
$545,000
2016
Price N/A
2015
Price N/A
Zoning & alternative use
B2 · Leeds, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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