2441 Old Springville RdBirmingham, AL 35215

Property Details for 2441 Old Springville Rd

Year built

1992

Lot size

1.32 AC

Property size (Sq ft)

10,908 SF

Zone code

C1

Property type

Office properties

APN

12-00-09-4-000-017.001

APU

1200094000017001

Description

This exceptional Class A office building, located at 2441 Old Springville Road in Birmingham, Alabama, 35215, offers 13,500 square feet of versatile space. Built in 1991, this two-story brick building features 44 suites, with options ranging from individual executive offices (minimum 500 sq ft) to entire floors (maximum 13,500 sq ft contiguous), or even the entire building. The property boasts multiple separate entrances, an elevator, and ample parking (approximately 44 spaces). Each floor includes a full kitchen/breakroom, conference room, copy room, and restrooms. Many of the larger office spaces are available furnished. The building is equipped with a 6-line telephone system, T1 internet, a security system, and cable. The second floor features a large common area already partitioned into seven offices and a conference room. Additionally, approximately 4,500 square feet of rentable basement space is available. This property is ideal for a variety of office uses, including creative, executive, traditional, and medical offices, and is available for immediate occupancy. The building's flexible layout and comprehensive amenities make it an attractive option for businesses of all sizes.

• CAP approach

  CAP return

  Valuation

  6%

  $2,307,090

  6.5%

  $2,129,621

  7%

  $1,977,505

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,776,804

  Geo Method

  $2,127,714

• Alternative Use

  Use

  Valuation

  Residential

  $2,640,730

  Hospitality

  $2,418,895

  Educational

  $2,012,492

  Medical

  $2,081,705

  Retail

  $3,130,543

Location Insight

City

Birmingham

County

Jefferson

State

Alabama

Latitude

33.6528

Longitude

-86.6473

CBSA code

13820

CBSA name

BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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