100 Concourse PkwyBirmingham, AL 35215

Property Details for 100 Concourse Pkwy

Year built

1988

Lot size

9.75 AC

Property size (Sq ft)

132,698 SF

Property type

Office properties

Property subtype

Office buildings

APN

109300001015000

APU

109300001015000

Description

Concourse 100, located at 100 Concourse Parkway in Birmingham, Alabama, offers a diverse range of office spaces ideal for various business needs. This Class B office building boasts a total of 125,597 square feet, with five currently available suites ranging from 1,850 to 11,977 square feet. The building features a recently completed renovation of all common areas, enhancing the overall aesthetic and functionality. Tenants benefit from convenient amenities including a building conference room equipped with a 60-inch SmartCast TV and WiFi, perfect for presentations and meetings. On-site conveniences include maintenance, FedEx and UPS drop boxes, and a common area breakroom with vending machines. For added convenience, Avenue C Micro Market & Vending Services are also located on the premises. Enjoy the outdoor spaces featuring a large pond with a scenic walking trail and picnic tables. Security is ensured with after-hours card access at all building entrances. The property offers a 4:1,000 parking ratio, providing ample parking for tenants and visitors. Situated in Jefferson County, this location provides easy access to nearby amenities, including the Riverchase Galleria, a major shopping mall, located just a 10-minute drive away. Furthermore, this property offers a significant advantage by being exempt from Birmingham City Occupational Taxes. The building's location in North Shelby County provides a desirable and accessible business environment. The building caters to various office needs, including traditional, executive, medical, and creative office spaces, making it a versatile option for a wide range of businesses.

• CAP approach

  CAP return

  Valuation

  6%

  $28,066,206

  6.5%

  $25,907,266

  7%

  $24,056,748

• Comparable approach

  Method

  Valuation

  Relative Method

  $21,615,174

  Geo Method

  $25,884,072

• Alternative Use

  Use

  Valuation

  Residential

  $32,125,010

  Hospitality

  $29,426,338

  Educational

  $24,482,368

  Medical

  $25,324,354

  Retail

  $38,083,684

Location Insight

City

Hoover

County

Shelby

State

Alabama

Latitude

33.352

Longitude

-86.7864

CBSA code

13820

CBSA name

BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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