7 Huddle DrBirmingham, AL 35242
- Healthcare properties
- 6,120 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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