2012 1St AveBirmingham, AL 35203

  • Mixed-use properties
  • 4,250 SF
For Lease
$25/SF/YR View listing

Property Details for 2012 1St Ave

Year built
1910
Lot size
0.08 AC
Property size (Sq ft)
4,250 SF
Zone code
B4
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
22-00-36-2-013-018.000
APU
2200362013018000

Description

This exceptional 3,500 square foot executive office suite presents a unique opportunity in the heart of Birmingham's Central Business District (CBD). Located on 1st Avenue North, this single-tenant space boasts a dynamic location adjacent to the Brown Marx redevelopment, the Heaviest Corner on Earth Landmark, Elyton Hotel, and Founders Station (home to Cayo Coco, Pilcrow Cocktail, and Bar La Fete). Across the street sits the prestigious John Hand Building and the Kelley Hotel, ensuring high visibility and convenient access to amenities. The interior features high ceilings, exposed brick, and skylights, creating a stylish and modern atmosphere. An open layout is complemented by custom lighting and details, enhancing the professional aesthetic. A modern kitchen and break area provide added convenience. Two large open areas offer flexibility for use as conference rooms or storage, catering to diverse business needs. The property offers flexible lease terms, including consideration for short-term leases, providing adaptability for various occupancy requirements. This Jefferson County property is ideal for businesses seeking a prestigious and well-connected address in Birmingham's thriving downtown core. The entire 3,500 square feet is currently vacant and ready for immediate occupancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $898,894
    6.5%
    $829,748
    7%
    $770,480
  • Comparable approach

    Method
    Valuation
    Relative Method
    $692,282
    Geo Method
    $829,005
  • Alternative Use

    Use
    Valuation
    Residential
    $1,028,887
    Hospitality
    $942,455
    Educational
    $784,112
    Medical
    $811,079
    Retail
    $1,219,729
2012 1St Ave, Birmingham, Alabama

Location Insight

City
Birmingham
County
Jefferson
State
Alabama
Latitude
33.515
Longitude
-86.8053
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
$1,659
$11,200
$19,080
$30,280
-
$112,000
$190,800
$302,800

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].