3121 Blue Lake DrVestavia Hills, AL 35243

Property Details for 3121 Blue Lake Dr

Year built

2017

Lot size

0.59 AC

Property size (Sq ft)

6,021 SF

Zone code

E2

Property type

Office properties

APN

28-00-27-4-002-003.001

APU

2800274002003001

Description

This exceptional Class A office space, located at 3121 Blue Lake Drive in Vestavia Hills, Alabama, presents a unique leasing opportunity. The property, totaling 6,351 square feet, is a single-suite traditional office building situated in Jefferson County, zip code 35243. Currently, 764 square feet are immediately available for lease, offering flexibility for businesses of various sizes. The entire 6,351 square feet is also available for lease to a single tenant seeking a substantial and contiguous workspace. The building's classification as Class A signifies its high-quality construction, modern amenities, and prime location within Vestavia Hills. This makes it an ideal location for businesses seeking a prestigious and functional office environment. The property's address is easily accessible, offering convenient access to major roadways and local amenities. Interested parties are encouraged to inquire about lease terms and availability for this exceptional office space. The property is suitable for a variety of office uses, and its size allows for customization to meet specific business needs. This is a rare opportunity to secure a high-quality office space in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,273,468

  6.5%

  $1,175,509

  7%

  $1,091,544

• Comparable approach

  Method

  Valuation

  Relative Method

  $980,761

  Geo Method

  $1,174,456

• Alternative Use

  Use

  Valuation

  Residential

  $1,457,631

  Hospitality

  $1,335,182

  Educational

  $1,110,856

  Medical

  $1,149,060

  Retail

  $1,727,998

Location Insight

City

Vestavia

County

Jefferson

State

Alabama

Latitude

33.4336

Longitude

-86.7336

CBSA code

13820

CBSA name

BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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