4889 Promenade PkwyBessemer, AL 35022
- Retail properties
- 130,632 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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