4704 Cahaba River RdBirmingham, AL 35243

Property Details for 4704 Cahaba River Rd

Year built

1990

Construction

STEEL FRAME

Lot size

4.00 AC

Property size (Sq ft)

34,388 SF

Zone code

B2

Property type

Strip malls

Property subtype

Neighborhood centers

APN

28-00-27-3-000-023.000

APU

2800273000023000

Description

Altadena Square, a 30,330 square foot neighborhood shopping center in Vestavia Hills, Alabama, offers a prime retail opportunity. Located at the major intersection of Cahaba River Road, Acton Road, and Colonnade Parkway, this property boasts superior visibility and high traffic counts due to its strategic placement at a traffic light. Currently, 1,019 square feet of retail space is available for lease. The center features a strong and diverse tenant mix with a history of long-term occupancy, indicating a stable and desirable location. The surrounding area is experiencing significant growth, with recent developments including Patchwork Farms, Lifetime Fitness, Slice Pizza, and Grandview Medical Center, creating a dynamic and expanding trade area. Ample and convenient parking is provided for customers and tenants. The property's address is 4704 Cahaba River Rd, Vestavia Hills, AL 35243. This location presents a unique chance to establish or expand a business within a thriving retail environment. The available space is ideal for a variety of retail uses.

• CAP approach

  CAP return

  Valuation

  6%

  $10,691,622

  6.5%

  $9,869,189

  7%

  $9,164,247

• Comparable approach

  Method

  Valuation

  Relative Method

  $14,115,681

  Geo Method

  $16,903,462

• Alternative Use

  Use

  Valuation

  Residential

  $8,325,030

  Hospitality

  $7,625,683

  Educational

  $6,344,478

  Medical

  $6,562,675

  Retail

  $9,869,189

Location Insight

City

Birmingham

County

Jefferson

State

Alabama

Latitude

33.4323

Longitude

-86.7378

CBSA code

13820

CBSA name

BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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