This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

Close
You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

945 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

We will automatically send your friend a one-time email inviting him or her to visit the site. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of our referral program. View LoopNet's Privacy Policy

thank you

Your email has been sent!

Watermark Place 4500 Katies Way

186,000 SF Retail Building Bessemer, AL 35022 $10,900,000 ($59/SF)

Storefront Properties Alabama Bessemer 4500 Katies Way, Bessemer, AL 35022

Investment Highlights

  • Property is strategically located in close proximity with easy access to I-20/59.
  • Ideal for redevelopment for industrial or distribution center.
  • Traffic count is over 70,000 vehicles per day on I-20/59.
  • Located within minutes of the new Amazon fulfillment facility, the city of Birmingham, and nearby auto manufacturers.

Executive Summary

WaterMark Place, built in 2000, features 186,000 square feet of retail space on 41.6 acres, with additional land for development. Located 20 miles southwest of Birmingham and 24 miles northeast of Vance, AL, it is near major automotive manufacturers like Mercedes-Benz and the 2020-built Amazon fulfillment center. This prime location is ideal for investment, industrial redevelopment, or educational use and is rapidly emerging as a leading industrial hub in the Birmingham area.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Storefront
Building Size
186,000 SF
Building Class
B
Year Built
2000
Price
$10,900,000
Price Per SF
$59
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.10
Lot Size
42.00 AC
Zoning
C-6 - Planned Shopping District
Parking
1,415 Spaces (7.61 Spaces per 1,000 SF Leased)

Amenities

  • Dedicated Turn Lane
  • Food Court
  • Pylon Sign
  • Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 70,613 SF
  • Retail
  • Outparcel
  • Now

This space is ideal for a variety of tenants looking for retail or office use. Most of the spaces are built out and move in ready.

  • 1st Floor
  • 70,613 SF
  • Retail
  • Outparcel
  • Now

This space is ideal for a variety of tenants looking for retail or office use. Most of the spaces are built out and move in ready.

  • 1st Floor
  • 44,793 SF
  • Retail
  • Outparcel
  • Now

This space is ideal for a variety of tenants looking for retail or office use. Most of the spaces are built out and move in ready.

Space Size Space Use Position Available
1st Floor 70,613 SF Retail Outparcel Now
1st Floor 70,613 SF Retail Outparcel Now
1st Floor 44,793 SF Retail Outparcel Now

1st Floor

Size
70,613 SF
Space Use
Retail
Position
Outparcel
Available
Now

1st Floor

Size
70,613 SF
Space Use
Retail
Position
Outparcel
Available
Now

1st Floor

Size
44,793 SF
Space Use
Retail
Position
Outparcel
Available
Now

1st Floor

Size 70,613 SF
Space Use Retail
Position Outparcel
Available Now

This space is ideal for a variety of tenants looking for retail or office use. Most of the spaces are built out and move in ready.

1st Floor

Size 70,613 SF
Space Use Retail
Position Outparcel
Available Now

This space is ideal for a variety of tenants looking for retail or office use. Most of the spaces are built out and move in ready.

1st Floor

Size 44,793 SF
Space Use Retail
Position Outparcel
Available Now

This space is ideal for a variety of tenants looking for retail or office use. Most of the spaces are built out and move in ready.

1 of 1
4500 Katies Way, Bessemer, AL - aerial map view - Image1
4500 Katies Way, Bessemer, AL - aerial map view - Image2
4500 Katies Way, Bessemer, AL - aerial map view - Image3
4500 Katies Way, Bessemer, AL - aerial map view - Image4
4500 Katies Way, Bessemer, AL - aerial map view - Image5
4500 Katies Way, Bessemer, AL - aerial map view - Image6

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
1,519
24,277
53,044
79,323
2029 Population
1,478
23,935
52,187
78,216
2024-2029 Projected Population Growth
-2.7%
-1.4%
-1.6%
-1.4%
Median Age
38.5
40.2
40.1
40.8
College Degree + Higher
26%
17%
19%
14%
Daytime Employees
3,539
14,027
23,616
30,381
Total Businesses
252
1,406
2,392
3,186
Average Household Income
$48,963
$55,335
$60,832
$63,002
Median Household Income
$32,031
$41,539
$46,454
$48,722
Total Consumer Spending
$13.7M
$229.9M
$531.7M
$804.1M
2024 Households
627
9,649
21,164
31,540
Average Home Value
$193,908
$170,358
$188,223
$188,021
(659) 207-9519

Contact

  • Listing ID: 30808928

  • Date on Market: 10/12/2022

  • Last Updated:

  • Address: 4500 Katies Way, Bessemer, AL 35022

1 of 25
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/25
4500 Katies Way, Bessemer, AL for sale Building Photo- Image 1 of 25
Building Photo
4500 Katies Way, Bessemer, AL for sale Building Photo- Image 2 of 25
Courtyard
4500 Katies Way, Bessemer, AL for sale Building Photo- Image 3 of 25
Courtyard
4500 Katies Way, Bessemer, AL for sale Building Photo- Image 4 of 25
Courtyard
4500 Katies Way, Bessemer, AL for sale Building Photo- Image 5 of 25
Building Photo
4500 Katies Way, Bessemer, AL for sale Building Photo- Image 6 of 25
Building Photo
4500 Katies Way, Bessemer, AL for sale Building Photo- Image 7 of 25
Building Photo
4500 Katies Way, Bessemer, AL for sale Building Photo- Image 8 of 25
Building Photo
4500 Katies Way, Bessemer, AL for sale Building Photo- Image 9 of 25
Entrance
4500 Katies Way, Bessemer, AL for sale Aerial- Image 10 of 25
Parking Lot
4500 Katies Way, Bessemer, AL for sale Aerial- Image 11 of 25
Aerial
4500 Katies Way, Bessemer, AL for sale Aerial- Image 12 of 25
Aerial
4500 Katies Way, Bessemer, AL for sale Aerial- Image 13 of 25
Aerial
4500 Katies Way, Bessemer, AL for sale Aerial- Image 14 of 25
Aerial
4500 Katies Way, Bessemer, AL for sale Aerial- Image 15 of 25
Aerial
4500 Katies Way, Bessemer, AL for sale Interior Photo- Image 16 of 25
Interior Photo
4500 Katies Way, Bessemer, AL for sale Interior Photo- Image 17 of 25
Interior Photo
4500 Katies Way, Bessemer, AL for sale Interior Photo- Image 18 of 25
Suite 625
4500 Katies Way, Bessemer, AL for sale Interior Photo- Image 19 of 25
Interior Photo
4500 Katies Way, Bessemer, AL for sale Interior Photo- Image 20 of 25
Suite 220A
4500 Katies Way, Bessemer, AL for sale Interior Photo- Image 21 of 25
Suite 220G
4500 Katies Way, Bessemer, AL for sale Interior Photo- Image 22 of 25
Kitchen
4500 Katies Way, Bessemer, AL for sale Interior Photo- Image 23 of 25
Kitchen
4500 Katies Way, Bessemer, AL for sale Interior Photo- Image 24 of 25
Kitchen

1 of 1

Connect with us

© 2025 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

Watermark Place | 4500 Katies Way
(659) 207-9519 x

Watermark Place | 4500 Katies Way

Anthony Underwood

(659) 207-9519

(659) 207-9519

Already a member? Log In

First Name*

Last Name*

Please enter an email address.

Email*

Phone*

Ext (optional)

Company (optional)

Please leave a message.

Message*

{{messageTextLength}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Policy.

Hmm, there seems to have been an error sending your message. Please try again.

Thanks! Your message was sent.

Send another message

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}
You can provide feedback any time using the Help button at the top of the page.

Share Link