1801 5Th AveBirmingham, AL 35203

Property Details for 1801 5Th Ave

Year built

1930

Lot size

0.69 AC

Property size (Sq ft)

15,141 SF

Zone code

B4

Property type

Banks

APN

22-00-36-2-027-004.000

APU

2200362027004000

Description

This exceptional Class A executive office space, located in the heart of Birmingham, Alabama, at 1801 Fifth Avenue North, offers a unique opportunity to lease a prestigious and recently renovated space within the historic Federal Reserve building. The building boasts a total of 89,642 square feet, with 3,857 square feet currently available for lease. This immediately available space is perfect for a discerning business seeking a high-profile address in a prime location. The property features on-site surface parking for added convenience. The building has undergone a complete Class A+ renovation, ensuring modern amenities and a sophisticated atmosphere. The property is situated in Jefferson County, Alabama, zip code 35203, and is ideal for businesses requiring multiple tenancies. The building's rich history and prime location combine to create an unparalleled opportunity for businesses seeking a sophisticated and functional workspace. The available space is ready for immediate occupancy, offering a seamless transition for your business operations. This is a rare opportunity to secure a prominent location in a landmark building, offering both prestige and practicality. Contact us today to schedule a viewing and explore the possibilities of establishing your business in this remarkable property.

• CAP approach

  CAP return

  Valuation

  6%

  $4,707,510

  6.5%

  $4,345,394

  7%

  $4,035,008

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,215,119

  Geo Method

  $7,442,576

• Alternative Use

  Use

  Valuation

  Residential

  $3,665,502

  Hospitality

  $3,357,580

  Educational

  $2,793,467

  Medical

  $2,889,539

  Retail

  $4,345,394

Location Insight

City

Birmingham

County

Jefferson

State

Alabama

Latitude

33.5167

Longitude

-86.8104

CBSA code

13820

CBSA name

BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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