This exceptional 1,350-square-foot office space is available for immediate lease in a desirable Vestavia Hills location at 4908 Cahaba River Rd, zip code 35243. Situated in a Class B, two-story building constructed in 2002, this single-tenant space offers a convenient and functional layout. The total building size is 9,000 square feet, situated on 1.19 acres of land. This lower-level suite features three private offices, providing ample space for a variety of business needs. The property boasts convenient drive-up parking, a significant advantage for clients and employees. Its location in unincorporated Jefferson County offers easy access to key amenities, including Grandview Hospital and Lifetime Fitness. This space is ideal for general office use and presents a fantastic opportunity for businesses seeking a well-maintained, conveniently located office in a thriving community. The lease rate is $20.00 per square foot, plus electricity. Don't miss this chance to secure this ready-to-occupy office space.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$3,802,848
6.5%
$3,510,322
7%
$3,259,584
Comparable approach
Method
Valuation
Relative Method
$2,928,762
Geo Method
$3,507,179
Alternative Use
Use
Valuation
Residential
$4,352,799
Hospitality
$3,987,140
Educational
$3,317,254
Medical
$3,431,339
Retail
$5,160,172
Location Insight
City
Vestavia
County
Jefferson
State
Alabama
Latitude
33.4277
Longitude
-86.7289
CBSA code
13820
CBSA name
BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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