2207 2Nd AveBirmingham, AL 35203

  • Mixed-use properties
  • 7,000 SF
For Lease
$25.50/SF/YR View listing

Property Details for 2207 2Nd Ave

Year built
1920
Lot size
0.16 AC
Property size (Sq ft)
7,000 SF
Zone code
B4
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
22-00-36-1-030-005.001
APU
2200361030005001

Description

The Blair Building, located at 2207 2nd Ave N in Birmingham, Alabama, 35203, presents a unique opportunity to lease a Class A office space. This historic building, originally constructed in 1920 and extensively renovated in 2022, offers a blend of classic charm and modern amenities. The property consists of two buildings with a total of 24,500 square feet spread across four stories. The available space is a single-tenant occupancy, ideal for a business seeking a prominent location. The building is zoned B4 and features elevators for convenient access to all floors. Its creative office design caters to modern business needs, while maintaining the character of its historical roots. Situated on the vibrant 2nd Ave N corridor, the Blair Building enjoys excellent walkability to numerous bars and restaurants, including nearby establishments like El Barrio and Found Objects. Convenient parking is also available in the vicinity. This exceptional property is a must-see for businesses seeking a prestigious and well-located office space in Birmingham's thriving district. The building's recent renovation ensures modern functionality and efficiency, making it an ideal choice for a variety of businesses.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,480,530
    6.5%
    $1,366,644
    7%
    $1,269,026
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,140,230
    Geo Method
    $1,365,420
  • Alternative Use

    Use
    Valuation
    Residential
    $1,694,638
    Hospitality
    $1,552,279
    Educational
    $1,291,478
    Medical
    $1,335,894
    Retail
    $2,008,966
2207 2Nd Ave, Birmingham, Alabama

Location Insight

City
Birmingham
County
Jefferson
State
Alabama
Latitude
33.5166
Longitude
-86.803
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
$10,378
$22,401
$175,419
$197,820
-
$224,000
$1,754,100
$1,978,100

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