2409 Acton RdVestavia Hills, AL 35243

  • Retail properties
  • 29,036 SF
For Lease

Property Details for 2409 Acton Rd

Year built
1997
Construction
STEEL FRAME
Lot size
3.35 AC
Property size (Sq ft)
29,036 SF
Zone code
CP
Property type
Retail properties
Property subtype
Strip malls
APN
40-00-05-4-001-002.000
APU
4000054001002000

Description

Dolly Creek Station, a thriving retail shopping center in Vestavia Hills, Alabama, presents a fantastic opportunity for a new tenant. Located at 2409 Acton Rd, Birmingham, AL 35243, this center boasts a total of 25,201 square feet, with 1,400 square feet currently available for lease. The property enjoys an excellent location and high visibility, situated near the intersection of I-459 and Acton Road, ensuring significant daily traffic exposure. Daily traffic counts average 37,000 vehicles, providing substantial potential for customer reach. The center features ample parking for customer convenience and a diverse mix of existing tenants, creating a vibrant and attractive shopping environment. The available space of 1,400 square feet is ideal for a variety of retail uses and offers a chance to become part of a well-established and successful retail destination in a high-traffic area of Vestavia Hills. This property is a prime location for businesses seeking strong visibility and a robust customer base. The property is classified as a multi-tenant retail shopping center.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $9,027,624
    6.5%
    $8,333,191
    7%
    $7,737,963
  • Comparable approach

    Method
    Valuation
    Relative Method
    $11,918,777
    Geo Method
    $14,272,681
  • Alternative Use

    Use
    Valuation
    Residential
    $7,029,358
    Hospitality
    $6,438,854
    Educational
    $5,357,052
    Medical
    $5,541,288
    Retail
    $8,333,191
2409 Acton Rd, Vestavia Hills, Alabama

Location Insight

City
Vestavia
County
Jefferson
State
Alabama
Latitude
33.4099
Longitude
-86.7639
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
$73,900
$438,360
$477,880
$916,240
-
$2,191,800
$2,389,400
$4,581,200

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