2700 Corporate DrBirmingham, AL 35242

  • Office buildings
  • 99,535 SF
For Lease
$17.40/SF/YR View listing

Property Details for 2700 Corporate Dr

Year built
1999
Lot size
9.61 AC
Property size (Sq ft)
99,535 SF
Property type
Office buildings
APN
93060001001131
APU
93060001001131

Description

This Class A, 14,877 square foot office building in Birmingham, Alabama, offers a variety of workspace solutions. Located at 2700 Corporate Drive, Suite 200, the property boasts 350 suites, with 5,970 square feet currently vacant. Spaces range from 10 square feet minimum to a maximum contiguous 1,300 square feet, catering to individuals and large companies alike. The building features multiple tenancies, including executive offices, coworking spaces, and creative office options. Renovated in 2019, amenities include elevators. Its Jefferson County location provides easy access to major cities like Atlanta, Memphis, and Nashville, and neighbors businesses in diverse industries including medical, media, insurance, and telecom. Flexible options include private, fully furnished offices, custom spaces, disaster recovery solutions, and day offices, all supported by a benefits program offering exclusive discounts and procurement assistance.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $21,052,086
    6.5%
    $19,432,696
    7%
    $18,044,646
  • Comparable approach

    Method
    Valuation
    Relative Method
    $16,213,254
    Geo Method
    $19,415,298
  • Alternative Use

    Use
    Valuation
    Residential
    $24,096,542
    Hospitality
    $22,072,302
    Educational
    $18,363,896
    Medical
    $18,995,460
    Retail
    $28,566,062

Location Insight

City
Birmingham
County
Shelby
State
Alabama
Latitude
33.413
Longitude
-86.6765
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
2023
$197,831
-
-
$2,952,640
-
$2,802,600
$11,960,570
$14,763,170

FAQs

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