2300 24Th StBirmingham, AL 35234

Property Details for 2300 24Th St

Year built

1940

Lot size

2.90 AC

Property size (Sq ft)

2,104 SF

Zone code

M2

Property type

Office properties

Property subtype

Other office properties

APN

22-00-23-4-003-001.000

APU

2200234003001000

Description

This exceptional 16,000-square-foot Class A industrial property, situated on 1.5 to 3.5 acres in Birmingham's Norwood/North Birmingham submarket, is available for lease. Built in 2024, this single-tenant building offers a versatile layout suitable for manufacturing, flex, warehouse, or distribution uses. The property boasts 180 feet of frontage on 24th Street North, convenient access to I-something (interstate access needs to be specified in the original data), and ample parking with 25 spaces. Features include two dock-high doors, two drive-in doors, and 3-phase power. The building is currently a lay-down yard with a high fence, rough grading in areas with several concrete pads, and offers great parking and storage options. The property is zoned M2 and has a Jefferson County APN of 22-00-23-4-003-001.000. The anticipated lease rate is $12.00 per square foot, but specific details regarding warehouse versus office space and build-out options are available upon request. This prime location offers easy access to Uptown Birmingham. Property taxes are estimated at $1 per square foot. Inquire today for complete details and lease terms.

• CAP approach

  CAP return

  Valuation

  6%

  $445,005

  6.5%

  $410,774

  7%

  $381,433

• Comparable approach

  Method

  Valuation

  Relative Method

  $342,720

  Geo Method

  $410,406

• Alternative Use

  Use

  Valuation

  Residential

  $509,360

  Hospitality

  $466,571

  Educational

  $388,181

  Medical

  $401,532

  Retail

  $603,838

Location Insight

City

Birmingham

County

Jefferson

State

Alabama

Latitude

33.5418

Longitude

-86.8179

CBSA code

13820

CBSA name

BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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