211 Summit PkwyBirmingham, AL 35209

Property Details for 211 Summit Pkwy

Year built

1988

Lot size

7.50 AC

Property size (Sq ft)

77,937 SF

Zone code

L1

Property type

Outlet malls

APN

29-00-14-3-004-016.000

APU

2900143004016000

Description

This exceptional flex space, part of the 77,367 square foot Crescent Centre, offers a prime location in Homewood, Alabama. Situated at 211 Summit Parkway, between Valley Avenue and Oxmoor Road on Summit Parkway, this property boasts convenient access to Interstate 65, making it an ideal location for businesses needing easy interstate access. The space itself totals 2,524 square feet and is part of a multi-tenant building. The property is classified as both office and industrial, offering versatility for a range of business needs. A significant advantage is the absence of CAM charges and Birmingham occupational tax. Furthermore, the rental rate includes dumpster service, providing added convenience. The property benefits from 24/7 on-call property management services, ensuring efficient and responsive building maintenance. For businesses requiring specific layouts, customized build-outs are available, allowing for tailored space configurations to meet individual operational requirements. The property is located in Jefferson County, Alabama, with a zip code of 35209. This centrally located service center presents a compelling opportunity for businesses seeking a functional and cost-effective workspace.

• CAP approach

  CAP return

  Valuation

  6%

  $24,231,502

  6.5%

  $22,367,540

  7%

  $20,769,860

• Comparable approach

  Method

  Valuation

  Relative Method

  $31,991,794

  Geo Method

  $38,310,024

• Alternative Use

  Use

  Valuation

  Residential

  $18,867,858

  Hospitality

  $17,282,856

  Educational

  $14,379,133

  Medical

  $14,873,654

  Retail

  $22,367,540

Location Insight

City

Birmingham

County

Jefferson

State

Alabama

Latitude

33.4662

Longitude

-86.8303

CBSA code

13820

CBSA name

BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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