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
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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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