801 Tom Martin DrBirmingham, AL 35211

Property Details for 801 Tom Martin Dr

Year built

1995

Lot size

12.50 AC

Property size (Sq ft)

90,710 SF

Zone code

M1

Property type

Office properties

APN

29-00-33-1-000-001.007

APU

2900331000001007

Description

This exceptional 91,061-square-foot property, located at 801 Tom Martin Drive in Birmingham, Alabama's desirable Oxmoor Valley, presents a unique opportunity for businesses seeking flexible and versatile space. The two-story building, situated on a single lot in Jefferson County, offers a diverse range of uses, including traditional office, executive office, medical office, and flex space, making it ideal for a variety of tenants. The property boasts ample parking with 447 surface spaces (4.94 per 1,000 square feet). Currently fully vacant, this space is ready for immediate occupancy. Recent capital improvements are extensive and include a complete roof replacement, HVAC upgrades (including chiller and cooling tower replacement), loading dock enhancements, and significant exterior improvements such as parking lot and lighting upgrades. Security has also been upgraded with access controls and cameras. Interior common areas have also undergone renovations. The building's zoning (MXD) allows for a broad spectrum of uses, including office, light industrial, institutional, recreational, religious conference centers, and medical facilities. The property was renovated in 2020, ensuring modern amenities and functionality. This is a rare opportunity to secure a large, well-maintained, and versatile property in a prime Birmingham location.

• CAP approach

  CAP return

  Valuation

  6%

  $19,185,560

  6.5%

  $17,709,748

  7%

  $16,444,766

• Comparable approach

  Method

  Valuation

  Relative Method

  $14,775,750

  Geo Method

  $17,693,892

• Alternative Use

  Use

  Valuation

  Residential

  $21,960,088

  Hospitality

  $20,115,322

  Educational

  $16,735,712

  Medical

  $17,311,278

  Retail

  $26,033,330

Location Insight

City

Birmingham

County

Jefferson

State

Alabama

Latitude

33.4331

Longitude

-86.8473

CBSA code

13820

CBSA name

BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].