1680 Montclair RdBirmingham, AL 35210

Property Details for 1680 Montclair Rd

Year built

2007

Lot size

2.64 AC

Property size (Sq ft)

19,357 SF

Zone code

CB2

Property type

Community centers

APN

23-00-26-1-003-002.000

APU

2300261003002000

Description

This exceptional commercial property, Eastwood Village East, presents a prime investment opportunity in Birmingham, Alabama. Located at 1680 Montclair Rd, 35210, this two-building complex offers a total of 37,917 square feet of versatile space, ideal for a variety of uses including traditional office, coworking, retail, boutiques, and salons. The property boasts a Class B rating and features 22 suites across one-story buildings. Currently, there are three available spaces ranging from 1,400 to 4,800 contiguous square feet, with a minimum divisible space of 1,400 square feet. Two of the available spaces are 2,400 square feet each, located in Building 5, while a 1,400 square foot space is available in Building 4. The center enjoys a highly desirable location, strategically positioned between Montclair Road and Crestwood Boulevard, a major retail hub in East Birmingham. Its proximity to a new $60 million Amazon Distribution Center, the new Birmingham Veterans Affairs Medical Center, and Interstate 20 provides unparalleled access and visibility. Recent additions of national retailers such as Sola Salons and ACE Hardware further enhance the area's appeal and growth potential. This Walmart shadow-anchored center offers a unique blend of convenience, accessibility, and growth potential, making it an attractive proposition for businesses seeking a thriving location in Birmingham.

• CAP approach

  CAP return

  Valuation

  6%

  $4,729,560

  6.5%

  $4,365,750

  7%

  $4,053,910

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,279,180

  Geo Method

  $3,926,810

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $8,563,840

  Mixed-Use / Specialty

  $4,329,900

  Hospitality / Lodging

  $3,150,300

  Office

  $4,283,050

  Institutional / Educational

  $4,494,100

  Residential Income

  $5,258,100

  Multifamily

  $6,418,740

  Automotive / Energy

  $3,852,090

  Parking / Income-Based Land

  $1,349,350

  Restaurant / Food Service

  $2,208,720

  Healthcare / Senior Housing

  $4,461,040

Location Insight

City

Irondale

County

Jefferson

State

Alabama

Latitude

33.5282

Longitude

-86.7175

CBSA code

13820

CBSA name

BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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