$11,500,000
$600K PRICE INCREASE

4500 Katies Way Bessemer, AL 35022

Estimated payment $62,101/month

Total Views 156
-- Bed
-- Bath
186,019 Sq Ft
$62 Price per Sq Ft

About This Home

WaterMark Place, built in 2000, features 186,000 square feet of retail space on 41.6 total acres, with 20 undeveloped acres for new development. Property is strategically located in close proximity with easy access to I-20/59. Traffic count is over 70,000 vehicles per day on I-20/59. Located 20 miles southwest of Birmingham and 24 miles northeast of Vance, AL. It his located near major automotive manufacturers like Mercedes-Benz and the 2020-built Amazon fulfillment center. This prime location is ideal for investment, in other theme parks, amusement parks, etc. Has 1,400 parking spaces available. Historically it was an amusement park retail outlet located next to Alabama Adventure Splash, the only water park in middle Alabama (formerly known as Vision Land).

Listing Agent

W.A. Casey

Keller Williams Realty Vestavia Listed on: 02/12/2025

Keller Williams Realty Vestavia

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $17,883

Year Built

  • Built in 2000

Lot Details

  • 26.2 Acre Lot
  • Property is zoned C6

Home Design

  • 186,019 Sq Ft Home

Community Details

  • 2 Buildings

Property Details

Property Type

Other

Est. Annual Taxes

$17,883

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: COMMERCIAL
  • Flood Plain: N
  • Sq Ft Building: 186019
  • Year Built: 2000
  • Co List Office Mls Id: KWRBM
  • Directions: Take exit 110 from I-20 W/I-59 S, Continue on Splash Adventure Pkwy to Watermark Center entrance.
  • Year Built Details: Existing
  • SystemPrice: 11500000
  • Special Features: VirtualTour
  • Property Sub Type: Other

Exterior Features

  • Street Property Access: Curb & Gutters,Paved Road,Street Frontage

Utilities

  • Water: Public Water
  • Sewer: Connected

Condo/Co-op/Association

  • Association Fee: Other

Lot Info

  • Zoning: C6
  • Lot Size Sq Ft: 1812096.0

Building Info

  • Building Name: Watermark Center

Tax Info

  • Tax District: BESSEMER

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $17,883 $260,300 -- --
2022 $19,990 $290,980 $257,960 $33,020
2021 $19,990 $290,980 $257,960 $33,020
2020 $24,913 $362,420 $329,400 $33,020
2019 $25,168 $366,340 $0 $0
2018 $24,464 $356,100 $0 $0
2017 $24,464 $356,100 $0 $0
2016 $24,464 $356,100 $0 $0
2015 $24,464 $356,100 $0 $0
2014 $24,428 $355,580 $0 $0
2013 $24,428 $355,580 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/03/2025 07/03/25 Price Changed $11,500,000 -0.9% $62 / Sq Ft
04/30/2025 04/30/25 Price Changed $11,600,000 -0.9% $62 / Sq Ft
03/20/2025 03/20/25 Price Changed $11,700,000 +7.3% $63 / Sq Ft
02/12/2025 02/12/25 For Sale $10,900,000 -- $59 / Sq Ft
Source: Greater Alabama MLS

Source: Greater Alabama MLS

MLS Number: 21410860

Greater Alabama MLS

APN: 38-00-18-1-000-048.000