3284 Morgan DrVestavia Hills, AL 35216

  • Office properties
  • 4,504 SF
For Lease
$18.50/SF/YR View listing

Property Details for 3284 Morgan Dr

Year built
1986
Lot size
0.53 AC
Property size (Sq ft)
4,504 SF
Zone code
C2
Property type
Office properties
APN
28-00-32-3-002-003.000
APU
2800323002003000

Description

This exceptional office park, located at 3284 Morgan Dr in Vestavia Hills, Alabama 35216, offers multiple suites for lease within its three buildings. The property totals 12,848 square feet, with a current vacancy of 4,087 square feet. Ideal for a variety of professional services, the available spaces are perfect for businesses seeking a prestigious location. Two contiguous suites are currently available, ranging from 1,994 to 2,093 square feet. The minimum leasable space is 1,994 square feet, providing flexibility for businesses of varying sizes. The maximum contiguous space available is 2,093 square feet, offering ample room for expansion or consolidation. The park's traditional office design provides a professional and efficient work environment. This prime location in Vestavia Hills offers easy access to major transportation routes and a variety of amenities. The property is well-maintained and presents a strong opportunity for businesses seeking high-quality office space in a desirable area. Contact us today to schedule a viewing and explore the possibilities of establishing your business in this thriving community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $952,616
    6.5%
    $879,338
    7%
    $816,528
  • Comparable approach

    Method
    Valuation
    Relative Method
    $733,656
    Geo Method
    $878,550
  • Alternative Use

    Use
    Valuation
    Residential
    $1,090,378
    Hospitality
    $998,781
    Educational
    $830,974
    Medical
    $859,552
    Retail
    $1,292,626

Location Insight

City
Vestavia Hills
County
Jefferson
State
Alabama
Latitude
33.425
Longitude
-86.7771
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
$8,130
$10,500
$92,080
$102,580
-
$52,500
$460,400
$512,900

FAQs

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