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Property profile & analytics
FOR LEASE
Banks

8433 1St Ave Southeast Leeds, AL 35094

8,310 SF 0.79 ac lot Built 1971
Entity Owned ~ Est. High Equity
Property ID
US03-0452161
Property summary
AI-generated overview

This exceptional commercial property, located at 8433 1st Ave SE in Leeds, Alabama (zip code 35094), presents a unique investment opportunity. The 7,050 square foot building, formerly a bank, sits on a 0.79-acre lot and boasts a prominent location in downtown Leeds. Built in 1971 with various renovations throughout its history, the single-story structure is zoned B-2, offering considerable flexibility for redevelopment or repurposing. The property includes four curb cuts, 38 parking spaces, and four drive-thru lanes, making it ideal for a variety of commercial uses. An additional 1,446 square feet of upstairs storage is available, though not included in the 7,050 square foot total. The asking price is $799,000, translating to $113.33 per square foot. The property is currently vacant, providing immediate occupancy for the new owner. Its strategic location, just 2.1 miles from I-20, offers excellent accessibility. Furthermore, the average household income within a five-mile radius is $86,138, indicating a strong potential customer base. The Jefferson County property features APN 25-00-21-1-036-003.000. This is a rare opportunity to acquire a substantial commercial property in a thriving Alabama community.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1971
Total area 8,310 SF
Lot 0.79 ac (34,250 SF)
Zoning code B2
APN 25-00-21-1-036-003.000
UPID US03-0452161
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
  • Cadence Bank Bank Loan Service
  • ATM (Bancorp South) Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Jlr LLC
Jlr LLC
since 2025
Last sale
$525,000
1 recorded transaction
2025
$525,000
Zoning & alternative use
B2 · Leeds, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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