310 Richard Arrington Jr BlvdBirmingham, AL 35203

Property Details for 310 Richard Arrington Jr Blvd

Year built

1900

Construction

CONCRETE

Lot size

0.05 AC

Property size (Sq ft)

7,880 SF

Zone code

B4

Property type

Office properties

APN

22-00-36-2-011-019.001

APU

2200362011019001

Description

This exceptional 8,800 square foot, five-story Class B office building, located at 310 Richard Arrington Jr Blvd N in Birmingham, Alabama's central business district (CBD), offers multiple tenancy options. Currently, 3,000 square feet are available, with a minimum leasable space of 1,500 square feet. The building features a single structure with elevator access. Two floors are currently available for lease, each offering convenient access via a dedicated elevator key, opening directly into the suite. Each suite boasts two private offices, restrooms, and expansive work areas, providing a blend of privacy and collaborative space. Security features include secure front door access and a lockable elevator. The building's prime location in the CBD offers unparalleled convenience, with easy walking access to the Federal and County courthouses, Birmingham City offices, a variety of restaurants, and banking institutions. Public parking is readily available within a short walking distance. Please note that the lease rate excludes electricity and janitorial services. This historic downtown building presents a unique opportunity for businesses seeking a prestigious and functional office space in the heart of Birmingham. The property is situated in Jefferson County, Alabama, zip code 35203, and is conveniently located near 3rd Avenue N.

• CAP approach

  CAP return

  Valuation

  6%

  $1,666,654

  6.5%

  $1,538,450

  7%

  $1,428,561

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,283,573

  Geo Method

  $1,537,073

• Alternative Use

  Use

  Valuation

  Residential

  $1,907,678

  Hospitality

  $1,747,423

  Educational

  $1,453,835

  Medical

  $1,503,835

  Retail

  $2,261,522

Location Insight

City

Birmingham

County

Jefferson

State

Alabama

Latitude

33.5173

Longitude

-86.806

CBSA code

13820

CBSA name

BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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