1500 Resource DrBirmingham, AL 35242

Property Details for 1500 Resource Dr

Year built

1987

Lot size

1.50 AC

Property size (Sq ft)

15,536 SF

Property type

Office properties

Property subtype

Office buildings

APN

93060001001108

APU

93060001001108

Description

This exceptional 15,536-square-foot Class A office space is located in Birmingham, Alabama's prestigious Meadowbrook Corporate Office Park. The single-story building sits on a 1.5-acre lot and offers ample parking. The space is highly adaptable, perfect for configuring open work areas, private offices, conference rooms, and collaborative spaces to suit diverse business needs. Its prime location provides easy access to Highway 280 and I-459, connecting businesses to major urban centers. Modern architecture, high-end finishes, and large windows that flood the space with natural light create a productive and appealing work environment. Energy-efficient systems contribute to reduced operational costs. High-speed internet connectivity is available. The surrounding area boasts lush landscaping, and nearby amenities include dining, shopping, and hospitality options. This property is zoned for commercial use and presents a unique opportunity for businesses seeking a sophisticated and functional headquarters or expansion space within a thriving professional community. The property features modern architecture with high-end finishes and is designed to maximize natural light and energy efficiency.

• CAP approach

  CAP return

  Valuation

  6%

  $3,285,932

  6.5%

  $3,033,168

  7%

  $2,816,513

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,530,659

  Geo Method

  $3,030,452

• Alternative Use

  Use

  Valuation

  Residential

  $3,761,128

  Hospitality

  $3,445,173

  Educational

  $2,866,344

  Medical

  $2,964,922

  Retail

  $4,458,756

Location Insight

City

Birmingham

County

Shelby

State

Alabama

Latitude

33.4138

Longitude

-86.6799

CBSA code

13820

CBSA name

BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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