3804 3Rd AveBirmingham, AL 35222

Property Details for 3804 3Rd Ave

Year built

1950

Lot size

0.16 AC

Property size (Sq ft)

2,280 SF

Zone code

B2

Property type

Office properties

APN

23-00-29-3-023-005.000

APU

2300293023005000

Description

This exceptional 2,100 square foot executive office building is ideally situated in Avondale, Birmingham, Alabama. Priced at $425,000, this property boasts a prime location and is considered the most attractive small office in the area. The main floor offers a versatile layout including three to four private offices, a dedicated conference room, a convenient break room, and a full bathroom. Step outside to enjoy a spacious deck, perfect for employee breaks or client meetings. The property also features a heated and cooled basement, providing ample additional space for storage or expansion. Six or more private parking spaces are included, ensuring convenient parking for staff and visitors. Its proximity to downtown Avondale makes it easily accessible. This turnkey office building presents a fantastic opportunity for a business seeking a well-appointed and conveniently located space. The address is 3804 3rd Ave S, Birmingham, AL 35222.

• CAP approach

  CAP return

  Valuation

  6%

  $482,230

  6.5%

  $445,135

  7%

  $413,340

• Comparable approach

  Method

  Valuation

  Relative Method

  $371,389

  Geo Method

  $444,737

• Alternative Use

  Use

  Valuation

  Residential

  $551,968

  Hospitality

  $505,600

  Educational

  $420,653

  Medical

  $435,120

  Retail

  $654,349

Location Insight

City

Birmingham

County

Jefferson

State

Alabama

Latitude

33.5221

Longitude

-86.7778

CBSA code

13820

CBSA name

BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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