Technical
Financial
Distress signals
Property profile

7480 Parkway Dr Leeds, AL 35094

FOR LEASE
Strip malls
Property ID
US03-0804622
52,471 SF 6.44 ac lot Built 1971
Entity Owned 5-yr Hold ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • Church
  • Restaurant
  • Medical Clinic
  • General Contractor Renovation Specialist
  • Physician

Location

7480 Parkway Dr Leeds, AL 35094
Leeds metro Census 11002 BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$785k
CAP Approach CAP
by Request
Comparable Approach Comparable
$617k
Blend (final) Blend
$500k

Owner & transaction history

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

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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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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