2009 4Th AveBirmingham, AL 35203

For Lease
  • Office properties
  • 14,000 SF

Property Details for 2009 4Th Ave

Year built
1900
Lot size
0.16 AC
Property size (Sq ft)
14,000 SF
Zone code
B4
Property type
Office properties
APN
22-00-36-2-011-006.000
APU
2200362011006000

Description

This exceptional Class A office building, located at 2009 4th Ave N in Birmingham, Alabama, presents a unique opportunity. The property boasts a total of 14,000 square feet, all currently vacant and ready for immediate occupancy. This single-tenant space is housed within a beautifully renovated historic bank building, completed in 2011. The building features two stories and includes an elevator for convenient access. The 14,000 square foot building sits on a 7,000 square foot lot. Ideal for a variety of office uses, from traditional office layouts to executive suites, this property offers a prestigious address in the heart of downtown Birmingham. Its prime location provides easy access to major transportation routes and a wealth of amenities. The building's modern upgrades, combined with its historic charm, create a sophisticated and functional workspace. This is a rare chance to secure a substantial, high-quality office space in a vibrant and desirable location. The property is zoned for office use and is ready for immediate occupancy. Contact us today to schedule a viewing and explore the possibilities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,961,061
    6.5%
    $2,733,287
    7%
    $2,538,052
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,280,460
    Geo Method
    $2,730,840
  • Alternative Use

    Use
    Valuation
    Residential
    $3,389,276
    Hospitality
    $3,104,558
    Educational
    $2,582,956
    Medical
    $2,671,788
    Retail
    $4,017,932
2009 4Th Ave, Birmingham, Alabama

Location Insight

City
Birmingham
County
Jefferson
State
Alabama
Latitude
33.5172
Longitude
-86.8069
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
$15,279
$36,400
$245,120
$281,520
-
$182,000
$1,225,600
$1,407,600

FAQs

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