1000 Urban Center DrVestavia Hills, AL 35242

  • Office properties
  • 76,922 SF
For Lease
$30/SF/YR View listing

Property Details for 1000 Urban Center Dr

Year built
1990
Construction
CONCRETE
Lot size
3.93 AC
Property size (Sq ft)
76,922 SF
Zone code
CP
Property type
Office properties
APN
28-00-12-2-000-002.004
APU
2800122000002004

Description

This exceptional Class A office property, located at 1000 Urban Center Dr, Vestavia Hills, Alabama 35242, offers a prestigious and convenient workspace. The 167,311 square foot building boasts a state-of-the-art design and professional environment unmatched in the Birmingham area and the Southeast. Currently, there are multiple tenancy options available, with a minimum divisible space of 3,560 square feet and a maximum contiguous space of 5,173 square feet. A total of 10,115 square feet is currently vacant and ready for immediate occupancy. The building offers both creative and traditional office spaces to suit diverse business needs. Enjoy the convenience of on-site management and maintenance, along with a park-like setting and easy access to major interstates via I-459. The property's prime location along Liberty Parkway provides effortless commuting. Additional amenities include the Urban Café and convenient access to executive garaged parking. This is an unparalleled opportunity to secure high-quality office space in a thriving Vestavia Hills community. Contact us today to schedule a viewing and explore the available spaces ranging from 3,560 to 32,737 square feet. This property offers a unique blend of modern amenities, professional atmosphere, and convenient location, making it an ideal choice for businesses seeking a premier office environment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $16,269,338
    6.5%
    $15,017,851
    7%
    $13,945,147
  • Comparable approach

    Method
    Valuation
    Relative Method
    $12,529,823
    Geo Method
    $15,004,405
  • Alternative Use

    Use
    Valuation
    Residential
    $18,622,136
    Hospitality
    $17,057,776
    Educational
    $14,191,869
    Medical
    $14,679,949
    Retail
    $22,076,240
1000 Urban Center Dr, Vestavia Hills, Alabama

Location Insight

City
Vestavia
County
Jefferson
State
Alabama
Latitude
33.4832
Longitude
-86.7057
CBSA code
13820
CBSA name
BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$353,588
$475,060
$4,937,180
$5,412,240
-
$2,375,300
$24,685,900
$27,061,200

FAQs

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