100 Grandview PlBirmingham, AL 35243

  • Office properties
  • 33,523 SF

Property Details for 100 Grandview Pl

Year built
1999
Construction
CONCRETE
Lot size
5.77 AC
Property size (Sq ft)
33,523 SF
Zone code
C1
Property type
Office properties
APN
28-00-26-1-000-001.003
APU
2800261000001003

Description

This exceptional five-story, Class A medical office building, located at 100 Grandview Place in Birmingham, Alabama, offers 61,909 square feet of space. Currently, 13,499 square feet is available for lease, with two contiguous spaces ranging from 8,088 to 13,449 square feet. Built in 1999, the building boasts a concrete frame and brick exterior, situated on a 5.77-acre lot. Its prime location off Highway 280 provides convenient access to major interstates and highways, while maintaining a tranquil, beautifully landscaped setting. The building features card access security for enhanced safety and ample covered and surface parking for tenants and visitors. This property enjoys a highly desirable location across from Grandview Medical Center, offering excellent visibility and accessibility. The building's tenant roster includes reputable firms such as Merrill Lynch and Wettermark Keith Bruno Event Team, reflecting the high quality and desirability of this location. The convenient entry/exit at a lighted intersection on Highway 280 further enhances accessibility. This is a rare opportunity to secure premium Class A medical office space in a thriving Birmingham location. The building is in Alabama County and has a zip code of 35243.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,090,260
    6.5%
    $6,544,856
    7%
    $6,077,366
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,460,560
    Geo Method
    $6,538,996
  • Alternative Use

    Use
    Valuation
    Residential
    $8,115,622
    Hospitality
    $7,433,866
    Educational
    $6,184,889
    Medical
    $6,397,596
    Retail
    $9,620,938

Location Insight

City
Birmingham
County
Jefferson
State
Alabama
Latitude
33.4381
Longitude
-86.7161
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
$178,073
$344,115
$1,767,885
$2,112,000
-
$2,136,400
$10,975,700
$13,112,100

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