3965 Crosshaven DrVestavia Hills, AL 35243

Property Details for 3965 Crosshaven Dr

Year built

2003

Lot size

1.67 AC

Property size (Sq ft)

11,499 SF

Zone code

INST1

Property type

Retail space

APN

28-00-15-4-013-008.000

APU

2800154013008000

Description

This exceptional Class A retail property, located at 3965 Crosshaven Drive in Vestavia Hills, Alabama, offers a prime opportunity for a discerning tenant. The property is a single-tenant building within a commercial strip center, boasting a total of 11,091 square feet. Currently, 3,150 square feet is available for lease, presenting a significant space for a variety of retail businesses. The building's prime location in Jefferson County, with easy access from Crosshaven Drive, ensures high visibility and ample foot traffic. The property's "A" classification reflects its superior construction, modern amenities, and desirable location within the thriving Vestavia Hills community. The zip code is 35243. This is an excellent opportunity to establish or expand a retail presence in a high-demand area. The property's single-tenant configuration offers flexibility and control, while its strategic placement within a commercial strip center benefits from shared parking and synergistic businesses. The substantial square footage provides ample room for a large-scale retail operation or the potential to subdivide the space. This property is ideal for businesses seeking a prominent location in a vibrant and affluent community. Serious inquiries are encouraged to explore this exceptional leasing opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $3,575,170

  6.5%

  $3,300,157

  7%

  $3,064,432

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,720,141

  Geo Method

  $5,652,347

• Alternative Use

  Use

  Valuation

  Residential

  $2,783,806

  Hospitality

  $2,549,952

  Educational

  $2,121,530

  Medical

  $2,194,492

  Retail

  $3,300,157

Location Insight

City

Vestavia

County

Jefferson

State

Alabama

Latitude

33.4606

Longitude

-86.7306

CBSA code

13820

CBSA name

BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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