7480 Parkway Dr Leeds, AL 35094
- Strip malls
- 52,471 SF
- 6.44 lot acres
Current Use by Public Records
- Awakening House Of Prayer- Birmingham / Church
- china wok / Chinese Restaurant
- Drayer Physical Therapy Institute / Orthopedic Clinic / Physical Therapist
- Kingston's Chimneys / Chimney Sweep
- ALLISON MARIE LOWMAN / Physical Therapist
Property Details for 7480 Parkway Dr
- Year built
- 1971
- Lot size
- 6.44 lot acres
- Property size
- 52,471 SF
- Zone code
- B2
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 25-00-20-1-007-006.000
- APU
- 2500201007006000
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $500,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $400,000
- 6.5%
- $455,000
- 7%
- $465,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $430,000
- Geo Method
- $425,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $495,000
- Retail
- $420,000
- Mixed-Use
- $390,000
- Hospitality
- $400,000
- Educational
- $505,000
- Residential Income
- $410,000
- Energy
- $500,000
- Income-Based Land
- $410,000
- Food Service
- $465,000
Location Insight
- Map
- Local Demand
- City
- Leeds
- County
- Jefferson
- State
- Alabama
- Longitude
- -86.5575
- Latitude
- 33.5445
- CBSA code
- 13820
- CBSA name
- BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
