100 Centerview DrVestavia Hills, AL 35216

  • Office properties
  • 37,760 SF
For Sale
$4,850,000 View listing

Property Details for 100 Centerview Dr

Year built
1985
Construction
STEEL FRAME
Lot size
2.98 AC
Property size (Sq ft)
37,760 SF
Zone code
C1
Property type
Office properties
APN
39-00-01-1-001-001.015
APU
3900011001001015

Description

The Chambers Building, located at 100 Centerview Drive in Vestavia Hills, Alabama, presents a unique investment opportunity. This Class B, two-story building offers a blend of traditional and executive office spaces, perfect for a variety of businesses. The property totals 1,455 square feet, with 813 square feet currently vacant, providing immediate occupancy potential. Built in 2021, the building boasts modern amenities and underwent renovations that year. The building is comprised of one structure and features multiple tenancies, allowing for flexibility in lease arrangements. The property is zoned for office and restaurant use, offering diverse possibilities for tenants. Situated in Jefferson County, Alabama, with a zip code of 35216, the Chambers Building benefits from a convenient location in Vestavia Hills. Available spaces range from 727 to 1,902 square feet, catering to businesses of various sizes. This property is an excellent choice for businesses seeking a well-maintained, modern office space in a desirable location. The building's strategic location and flexible space options make it an attractive prospect for both established businesses and startups. Contact us today to learn more about this exceptional opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,986,404
    6.5%
    $7,372,066
    7%
    $6,845,490
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,150,726
    Geo Method
    $7,365,466
  • Alternative Use

    Use
    Valuation
    Residential
    $9,141,362
    Hospitality
    $8,373,438
    Educational
    $6,966,602
    Medical
    $7,206,194
    Retail
    $10,836,937

Location Insight

City
Vestavia Hills
County
Jefferson
State
Alabama
Latitude
33.4154
Longitude
-86.7962
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
$54,466
$133,420
$816,260
$949,680
-
$667,100
$4,081,300
$4,748,400

FAQs

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