1914 4Th AveBirmingham, AL 35203

Property Details for 1914 4Th Ave

Year built

1924

Construction

CONCRETE

Lot size

0.16 AC

Property size (Sq ft)

15,237 SF

Zone code

B4

Property type

Investment properties

Property subtype

Live-work space

APN

22-00-36-2-020-009.000

APU

2200362020009000

Description

The Forbes Building, located at 1914 4th Ave N in Birmingham, Alabama, 35203, presents a unique opportunity for businesses seeking executive office space in the heart of the Central Business District. This five-story building boasts a total of 32,000 square feet, offering a blend of historic charm and upscale renovations. Currently, there is one available suite ranging from a minimum of 896 square feet to a maximum contiguous space of 6,557 square feet. The building features ample parking, with a ratio of 3.88 spaces per 1,000 square feet. Modern conveniences include elevators. The building's prime location on 4th Avenue North provides excellent visibility and accessibility. This is an exceptional opportunity to establish a presence in a prestigious and well-maintained building within Birmingham's vibrant downtown core. The building is comprised of a single suite, currently offering 896 square feet of immediately available space. The flexible layout allows for various business needs, accommodating both smaller and larger organizations. This property offers a rare combination of historical significance and modern functionality, making it an ideal location for discerning businesses.

• CAP approach

  CAP return

  Valuation

  6%

  $3,222,692

  6.5%

  $2,974,792

  7%

  $2,762,307

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,481,954

  Geo Method

  $2,972,129

• Alternative Use

  Use

  Valuation

  Residential

  $3,688,743

  Hospitality

  $3,378,868

  Educational

  $2,811,179

  Medical

  $2,907,860

  Retail

  $4,372,945

Location Insight

City

Birmingham

County

Jefferson

State

Alabama

Latitude

33.5171

Longitude

-86.8085

CBSA code

13820

CBSA name

BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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