7 Huddle DrBirmingham, AL 35242

  • Healthcare properties
  • 6,120 SF
For Sale

Property Details for 7 Huddle Dr

Year built
1988
Lot size
2.54 AC
Property size (Sq ft)
6,120 SF
Property type
Healthcare properties
Property subtype
Medical offices
APN
39320001006005
APU
39320001006005

Description

This exceptional 7,200 square foot Class A executive office building, constructed and fully renovated in 2018, presents a unique investment opportunity in Birmingham, Alabama. Situated on a 2.59-acre lot at the highly visible intersection of Highway 280 and Highway 119, this property boasts significant frontage on Highway 119, a road with a daily traffic count of 19,637 vehicles. Its strategic location offers unparalleled visibility and accessibility. The building is directly across Highway 119 from Brookwood Freestanding ER and just one minute from St. Vincent's 119, placing it within a thriving medical corridor. Furthermore, its proximity to Grandview Medical Center (only 3 miles away) and the numerous restaurants, shops, and businesses along the Highway 280 corridor ensures high convenience and desirability. Ample parking is available for tenants and visitors. This property is for sale and represents a compelling investment in a prime Birmingham location. The building's modern design and recent renovation ensure immediate occupancy and operational efficiency. The high traffic count and strategic location make this an ideal opportunity for a variety of businesses seeking a prominent presence in a rapidly growing area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,294,407
    6.5%
    $1,194,837
    7%
    $1,109,492
  • Comparable approach

    Method
    Valuation
    Relative Method
    $996,887
    Geo Method
    $1,193,767
  • Alternative Use

    Use
    Valuation
    Residential
    $1,481,598
    Hospitality
    $1,357,136
    Educational
    $1,129,121
    Medical
    $1,167,953
    Retail
    $1,756,410
7 Huddle Dr, Birmingham, Alabama

Location Insight

City
Birmingham
County
Shelby
State
Alabama
Latitude
33.4223
Longitude
-86.6719
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
$17,573
-
-
$262,720
-
$730,270
$583,300
$1,313,570

FAQs

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