1616 2Nd AveBirmingham, AL 35233

Property Details for 1616 2Nd Ave

Year built

1987

Lot size

0.24 AC

Property size (Sq ft)

7,000 SF

Zone code

B4

Property type

Retail properties

APN

22-00-36-3-028-008.000

APU

2200363028008000

Description

This exceptional Class A executive office space, totaling 6,295 square feet, is situated within the vibrant Parkside District of Birmingham, Alabama. Located at 1616 2nd Avenue South, zip code 35233, this property offers unparalleled convenience and accessibility. The building itself is a single structure encompassing 21,077 square feet, providing ample space for multiple tenants. The available space presents a unique opportunity for businesses seeking a prestigious address in a thriving urban environment. Its strategic location places it directly adjacent to Regions Field and Railroad Park, offering employees easy access to recreational amenities and vibrant community life. Jefferson County's robust infrastructure and business-friendly environment further enhance the appeal of this property. The building's classification as Class A signifies its high-quality construction, modern amenities, and sophisticated design. This is a multi-tenant building, offering a dynamic and collaborative atmosphere. The 6,295 square feet of vacant space is immediately available, providing flexibility for businesses of various sizes. This is an exceptional opportunity to establish a presence in one of Birmingham's most desirable and rapidly developing districts. Inquire today to learn more about this remarkable property and its potential to meet your business needs.

• CAP approach

  CAP return

  Valuation

  6%

  $2,176,380

  6.5%

  $2,008,966

  7%

  $1,865,468

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,873,379

  Geo Method

  $3,440,858

• Alternative Use

  Use

  Valuation

  Residential

  $1,694,638

  Hospitality

  $1,552,279

  Educational

  $1,291,478

  Medical

  $1,335,894

  Retail

  $2,008,966

Location Insight

City

Birmingham

County

Jefferson

State

Alabama

Latitude

33.5133

Longitude

-86.8114

CBSA code

13820

CBSA name

BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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