Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3500 7Th Ave South Birmingham, AL 35222

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $9 SF/Yr

    Office/Flex space for lease, convenient to Downtown Birmingham.

    We can help!

    Listing Contact
    Robert Crook
    Source: Ironvestpartners

    Listing Agent: Robert Crook

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Avondale Office/Flex Space Available

    This office/flex space is available for lease in Avondale, conveniently located near Downtown Birmingham, approximately 2 miles away. Situated between the Lakeview District and Avondale, the property offers a suitable office location less than one mile from St. Vincent's Hospital. The site features new landscaping and a parking lot with 28 on-site and 18 convenient off-site parking spaces. Build-to-suit options and small suites are available within the 16,000 square foot property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    AIM - Autism in Motion ... Medical Clinic Hopebridge Autism Therapy ... Medical Clinic Hopebridge Autism Therapy ... Medical Clinic Breanna Harris Counselor

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Daycare Center Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Birmingham
    County
    Shelby
    State
    Alabama
    Longitude
    -86.778942
    Latitude
    33.516613

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing

      AL, Birmingham - 1st Ave N

      Flexible workspace in IL, Hoffman Estates - Prairie Stone Pkwy
      2129 1St Ave, Birmingham, AL 35203
      View Details
    • New
      Contact for pricing

      Perimeter Park

      Discover many ways to work your way in Perimeter Park
      1 Perimeter Park, Birmingham, AL 35243
      View Details
    • Contact for pricing

      AL Birmingham Regus Shipt Tower

      Discover many ways to work your way in AL Birmingham Regus Shipt Tower
      420 Birmingham St, Birmingham, AL 35203
      View Details
    • Contact for pricing

      Chase Corporate Center

      Discover many ways to work your way in Chase Corporate Center
      1 Chase Corporate Dr, Birmingham, AL 35244
      View Details
    • New
      Contact for pricing

      Perimeter Park

      Discover many ways to work your way in Southbridge
      2100 Southbridge Pkwy, Birmingham, AL 35209
      View Details
    • Sponsored
      Contact for pricing

      Meadow Brook

      Discover many ways to work your way in Meadow Brook
      Birmingham, AL 35242
      View Details
    • $26 SF/Yr

      SouthBridge Office Suites Available

      Contiguous office spaces with amenities in central Birmingham location.
      2000-2100 Southbridge Pkwy, Birmingham, AL 35209
      View Details
    • $2,400 /Mo

      Avondale Flex Space For Lease

      Newly renovated flex space in Avondale, near downtown Birmingham.
      4720 1St Ave North, Birmingham, AL 35222
      View Details
    • Contact for pricing

      Downtown Birmingham Entertainment Corridor Retail

      Retail space in downtown Birmingham's entertainment district.
      2008-2018 2Nd Ave North, Birmingham, AL 35203
      View Details
    • $8 SF/Yr

      Messer Airport Highway Flex Space

      12,000 SF flex space near Birmingham's CBD for lease.
      3230 Messer Airport Hwy, Birmingham, AL 35222
      View Details
    • $27 SF/Yr

      Retail/Office Building on Highway 280

      Two-story building with retail or office use on Highway 280.
      5235 Highway 280, Birmingham, AL 35242
      View Details
    • Contact for pricing

      Class-A Office Space in Birmingham

      Premier urban office development in Midtown Birmingham, under construction.
      2222 Arlington Ave South, Birmingham, AL 35205
      View Details

    FAQs

    What type of property is this?
    Office units - Office/Flex space for lease, convenient to Downtown Birmingham.
    Where is this office units located?
    The property is located at 3500 7Th Ave South Birmingham, AL.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: - Convenient location: Just 2 miles from Downtown Birmingham, perfectly situated between the vibrant Lakeview District and Avondale.; - Ample parking: Benefit from 28 on-site and 18 off-site spaces.; - Build to Suit options available.
    (205) 908-3760
    Request Owner's contact information
    3500 7Th Ave South Birmingham, AL 35222
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3500 7Th Ave South
    Birmingham, AL 35222
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3500 7Th Ave South Birmingham, AL 35222
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Robert Crook
    (205) 908-3760
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!