213 1St StAlabaster, AL 35007
- Office properties
- 3,756 SF
Property Details for 213 1St St
- Year built
- 1970
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.25 AC
- Property size (Sq ft)
- 3,756 SF
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 137354402006000
- APU
- 137354402006000
Description
This renovated 1970 building, formerly the Alabaster Water Board, offers 1,831 square feet of immediately available office space at 213 1st St N, Alabaster, AL 35007. Located in the Alabaster submarket, this Class C property features a convenient location with easy highway access via Hwy 31. The building, situated on 0.258 acres, boasts a total of 3,756 square feet, divided into two suites. Suite B, the available space, occupies the first floor and offers ample parking with 18 spaces shared between the two suites. The building has two separate entrances, including a designated employee entrance and a main entrance leading to the reception and office area. The suite features a 9-foot ceiling height and is part of a two-story building. The property is zoned B-3 and has a convenient cross street access via 2nd Place NW. The building underwent renovations in 2014. This space is ideal for growing businesses seeking a functional and accessible office environment in a prime Alabaster location. The property is suitable for traditional office use or coworking arrangements. The APN is 13-7-35-4-402-006.000. No elevators are present.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $794,410
- 6.5%
- $733,302
- 7%
- $680,923
-
Comparable approach
- Method
- Valuation
- Relative Method
- $611,815
- Geo Method
- $732,645
-
Alternative Use
- Use
- Valuation
- Residential
- $909,294
- Hospitality
- $832,909
- Educational
- $692,970
- Medical
- $716,803
- Retail
- $1,077,954
Location Insight
- City
- Alabaster
- County
- Shelby
- State
- Alabama
- Latitude
- 33.2456
- Longitude
- -86.8162
- CBSA code
- 13820
- CBSA name
- BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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