Office Warehouse Near
1135 14th Ave S Birmingham, AL 35205
1135 14th Ave S, Birmingham, AL, 35205
Contact for pricing
For Sale
Contact for pricing
Partially occupied office warehouse for sale or lease.
Property Size5,050 SF
Price / SF$158.22
Days on Market449
Property Features for 1135 14th Ave S
General Information
- Standard status
- Active
- Size
- 5,050 SF
- Property subtype
- Office
Building Details
- Year Built
- 1970
Listing agency
Longleaf Realty Partners, LLC
(205) 879-3733
Listed by
Champ Stewart · License #AL 000146286-0
Source
Crexi
Added: Apr 29, 2025 Updated: Jul 10 at 3:40PM Checked: Jul 21 at 10:21AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Longleaf Realty Partners, LLC
Investment Insights
Based on property information with market context.
This partially occupied office warehouse is available for sale or lease. Suite 100, comprising 1,700 square feet, is currently occupied by a large media company. Suite 101 offers 3,350 square feet of space ready for occupancy. Suite 101 includes three private offices, a reception area, a full kitchen, two bathrooms, a shower, and a heated and cooled warehouse area. The property is conveniently located near UAB and I-65.
Key Highlights
- Suite 101 is move‑in ready with 3,350sf of space.
- Suite 101 features 3 private offices, reception area, full kitchen, 2 bathrooms, and a shower.
- Heated and cooled warehouse space in Suite 101.
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $84.8k | $16.80 |
| − Vacancy | −$9.3k | −$1.85 |
| EGI | $75.5k | $14.95 |
| − OpEx | −$26.4k | −$5.23 |
| NOI | $49.1k | $9.72 |
5,050 SF · lease $16.80/SF/yr · vacancy 11.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$701.1K
$613.5K – $818.0K
NOI $49,080 @ 7.0% cap · market cap 6.14%
Second Best
Warehouse
$402.7K
$352.3K – $469.8K
NOI $28,186 @ 7.0% cap · market cap 3.53%
Theoretical Best
Office A
$1.19M
$1.04M – $1.38M
NOI $82,974 @ 7.0% cap · market cap 10.38%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Tindle J Claude
Real Estate Agency
Longleaf Realty Partners, ...
Real Estate Agency
Similar For Sale Nearby
Similar Off Market Nearby
- Saw’s Street Kitchen Food Truck — 1150 11th Ave S, Birmingham, AL 35205
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FAQs
What type of property is this?
Flex space - Partially occupied office warehouse for sale or lease.
Where is this flex space located?
The property is located at 1135 14th Ave S Birmingham, AL.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Suite 101 is move‑in ready with 3,350sf of space.; Suite 101 features 3 private offices, reception area, full kitchen, 2 bathrooms, and a shower.; Heated and cooled warehouse space in Suite 101.
