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3524 Decatur Hwy

16,686 SF Vacant Retail Building Fultondale, AL 35068 $1,250,000 ($75/SF) 7.20% Cap Rate

Mixed Use Properties Alabama Fultondale 3524 Decatur Hwy, Fultondale, AL 35068

Investment Highlights

  • Ample parking
  • Located in a healthy submarket of Birmingham

Executive Summary

Longleaf Realty Partners is pleased to exclusively offer for sale this 16,686 SF office building. This is a great investment opportunity for an owner-occupier who needs a small office space, or an investment property. Located in a healthy submarket of Birmingham, with a large residential development under construction adjacent to the property. This property has an upside as rents are below market, and price per square foot is 48% of replacement cost. Tenants include Chick-Fil-A Professional Development Center, Birmingham Podiatry, and others, with ample parking.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
16,686 SF
Building Class
C
Year Built
1987
Price
$1,250,000
Price Per SF
$75
Cap Rate
7.20%
NOI
$90,000
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Slab To Slab
10’
Building FAR
0.29
Lot Size
1.32 AC
Zoning
B1
Parking
53 Spaces (3.18 Spaces per 1,000 SF Leased)
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PROPERTY TAXES

Parcel Number 14-00-24-3-002-001.000 Improvements Assessment $0
Land Assessment $0 Total Assessment $257,900

PROPERTY TAXES

Parcel Number
14-00-24-3-002-001.000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$257,900
(205) 222-5263

Contact

  • Listing ID: 34248914

  • Date on Market: 12/19/2024

  • Last Updated:

  • Address: 3524 Decatur Hwy, Fultondale, AL 35068

More public record information on 3524 Decatur Hwy, Fultondale, AL 35068

The Retail Property at 3524 Decatur Hwy, Fultondale, AL 35068 is currently available for sale. Contact Longleaf Realty Partners, LLC for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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3524 Decatur Hwy
(205) 222-5263 x

3524 Decatur Hwy

Claude Tindle

(205) 222-5263

(205) 222-5263

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