4889 Promenade PkwyBessemer, AL 35022

  • Retail properties
  • 130,632 SF
For Lease

Property Details for 4889 Promenade Pkwy

Year built
2008
Lot size
7.00 AC
Property size (Sq ft)
130,632 SF
Zone code
C4
Property type
Retail properties
Property subtype
Other retail properties
APN
38-00-31-4-000-030.002
APU
3800314000030002

Description

This exceptional retail property, Tannehill Promenade, located at 4889 Promenade Pkwy in Bessemer, Alabama (zip code 35022), offers multiple spaces for lease within a substantial 310,872 square foot shopping center. The property is situated in Jefferson County and presents a unique opportunity for businesses seeking flexible space options. Available spaces range from a minimum of 1,440 square feet to a maximum contiguous space of 57,455 square feet, catering to a variety of tenant needs and business sizes. The property's classification includes both general retail space and a second-generation dental office, suggesting adaptable layouts and existing infrastructure. The address is conveniently located at 4889 Promenade Pkwy, offering excellent visibility and accessibility for customers. This prime location in Bessemer, Alabama provides a strong foundation for business growth and success. The property's size and flexibility make it ideal for a range of retail businesses, from smaller boutiques to larger retail operations. Interested parties are encouraged to inquire about available space and lease terms. The property is categorized as a shopping center, indicating ample parking and potential for synergistic tenant relationships. The latitude and longitude coordinates are 33.3345501 and -86.9897779 respectively.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $40,614,980
    6.5%
    $37,490,752
    7%
    $34,812,840
  • Comparable approach

    Method
    Valuation
    Relative Method
    $53,622,180
    Geo Method
    $64,212,316
  • Alternative Use

    Use
    Valuation
    Residential
    $31,624,850
    Hospitality
    $28,968,192
    Educational
    $24,101,196
    Medical
    $24,930,074
    Retail
    $37,490,752
4889 Promenade Pkwy, Bessemer, Alabama

Location Insight

City
Bessemer
County
Jefferson
State
Alabama
Latitude
33.3343
Longitude
-86.99
CBSA code
13820
CBSA name
BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$159,346
$487,880
$2,391,780
$2,879,660
-
$2,439,400
$11,958,900
$14,398,300

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].