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5501 Patrick Way; Birmingham, AL Property Details

5501 Patrick Way, Birmingham, AL is a Retail Stores that was built in 2017. This property is currently Financed and is not for sale. Our records show that 5501 Patrick Way has 3 bedrooms, and 2 bathrooms, and a total of 55,000 square feet. The lot size of 5501 Patrick Way is 309,276 square feet.

Off market
5501 Patrick Way Birmingham, AL 35235
$584,250 Listing Price
3 Beds
2 Baths
55,000 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 2017
  • Purchase Price: $7,300,000
  • Open Loans / Balance: 1 / $9,317,457
  • APN: 12-00-27-4-001-005.000
  • Situs County: Jefferson
  • Length Of Ownership: 8 years, 4 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 1
  • Total Rooms: 5
  • Partial Bathrooms: 2

Structure

  • Floor Cover Type: Vinyl
  • Stories: 1
  • Exterior Wall Type: Brick
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Excellent
  • Roof Type: Gable Or Hip
  • Roof Cover Type: Other
  • Sewer Type: Septic
  • Water Source: Municipal

Measurements

  • Total: 55,000/SqFt
  • Lot: 309,276/SqFt
  • Gross: 55,000/SqFt
  • Living: 55,000/SqFt
  • Basement: 1,337/SqFt
  • Building: 55,000/SqFt
  • Ground: 55,000/SqFt
  • Price Per Square Foot: $132.73

Legal Description

  • Description: LOT 7 HOMESTEAD VILLAGE PLAT NO 1 PB 243 PG 58
Building Insights

Land Information

  • Property Type: Retail Stores
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Trussville City School District
  • Lat / Lon: 33.611423 / -86.6225
  • Subdivision: Homestead Village Plat No 1
  • Property Class: Commercial
  • Zoning: C2&I
  • County Use Code: 530

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3509
  • Bathroom Fixtures: 4
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Forced air unit

Ownership Info

5501 Patrick Way has no associated ownership info
5501 Patrick Way has no associated ownership info.

Taxes

5501 Patrick Way has 9 associated Taxes items

5501 Patrick Way, Birmingham, AL pays taxes in Jefferson County, AL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $1,070,840. The APN we've located for 5501 Patrick Way is 12-00-27-4-001-005.000.

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Taxes
  • Assessed Value:  $1,070,840
  • Assessed Year:  2025
  • Assessed County:  Jefferson
  • APN:  12-00-27-4-001-005.000
  • Market Land Value:  1759400
  • Tax Amount:  95827
  • Tax Year:  2024
  • Market Value:  7649200
  • Market Year:  2025

Tax History

5501 Patrick Way has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,070,840 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $95,827 Change Rate -0.008528% Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $96,651.2 Change Rate +0.286967% Assessed CR Tax Rate
Year 2022 Assessed Value $1,209,340 Land Value Improvement Value Tax Amount $75,100 Change Rate Assessed CR Tax Rate +0.0621%
Year 2021 Assessed Value $1,209,340 Land Value $351,880 Improvement Value $857,460 Tax Amount $75,100 Change Rate -0.220726% Assessed CR Tax Rate +0.0621%
Year 2020 Assessed Value $1,551,880 Land Value $703,760 Improvement Value $848,120 Tax Amount $96,371.8 Change Rate -0.11308% Assessed CR Tax Rate +0.0621%
Year 2019 Assessed Value Land Value Improvement Value Tax Amount $108,659 Change Rate +0.190657% Assessed CR Tax Rate
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $91,259.7 Change Rate +1.720199% Assessed CR Tax Rate
Year 2017 Assessed Value $540,240 Land Value Improvement Value Tax Amount $33,548.9 Change Rate +4.661612% Assessed CR Tax Rate +0.0621%
Year 2016 Assessed Value $95,180 Land Value Improvement Value Tax Amount $5,925.68 Change Rate +0.002538% Assessed CR Tax Rate +0.062258%
Year 2015 Assessed Value $95,180 Land Value Improvement Value Tax Amount $5,910.68 Change Rate Assessed CR Tax Rate +0.0621%
Year 2014 Assessed Value $69,960 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $69,960 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $3,854.36 Change Rate Assessed CR Tax Rate