200 Wildwood PkwyHomewood, AL 35209

Property Details for 200 Wildwood Pkwy

Year built

1995

Lot size

45.00 AC

Property size (Sq ft)

162,754 SF

Zone code

PMUD

Property type

Office properties

APN

29-00-23-3-001-001.006

APU

2900233001001006

Description

Patriot Midtown Park, located at 200 Wildwood Parkway in Homewood, Alabama, presents a prime opportunity for businesses seeking Class A office space. This four-story building, constructed in 1995, boasts a total of 210,771 square feet, offering flexible spaces ranging from 1,441 square feet to a maximum contiguous area of 27,797 square feet. Currently, 47,719 square feet are available for lease, perfect for multiple tenants. The building's strategic location in the Midtown submarket of Jefferson County provides convenient access to Interstate 65 via the Lakeshore Drive exit, ensuring easy commutes to both Birmingham's Central Business District and its desirable suburban areas. Its proximity to a variety of retail amenities adds to its appeal. The building's design features open floor plates, promoting efficient space utilization and cost-effective occupancy. The neighboring 220 Wildwood Parkway building, fully occupied by Wells Fargo, further underscores the area's desirability and strong tenant base. This property offers a blend of accessibility, modern amenities, and a prestigious location, making it an ideal choice for businesses of all sizes. The zip code is 35209.

• CAP approach

  CAP return

  Valuation

  6%

  $34,423,180

  6.5%

  $31,775,244

  7%

  $29,505,584

• Comparable approach

  Method

  Valuation

  Relative Method

  $26,510,996

  Geo Method

  $31,746,796

• Alternative Use

  Use

  Valuation

  Residential

  $39,401,304

  Hospitality

  $36,091,380

  Educational

  $30,027,606

  Medical

  $31,060,300

  Retail

  $46,709,608

Location Insight

City

Birmingham

County

Jefferson

State

Alabama

Latitude

33.4512

Longitude

-86.8267

CBSA code

13820

CBSA name

BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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