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Office Land with Multi-Structure Site
For Sale
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Pending

2216 7th Ave S, Birmingham, AL 35233

4.09-acre office site with three existing buildings totaling 89,817 SF, including McGriff headquarters within Truist Bank.

Property Size89,817 SF
Lot Size4.09 Acres
Days on Market1147

Property Features for 2216 7th Ave S

General Information

Standard status Pending
Size 89,817 SF
Lot size 4.09 Acres
Property subtype Land
Listing Agency: Colliers - Birmingham, Alabama
Listed By: Josh Randolph · License #AL 000092522
Source: Crexi
Added: Jul 26, 2023 Changed: Aug 8 Last Checked: Sep 14 at 9:00AM

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 Colliers - Birmingham, Alabama

Investment Insights

Based on property information with market context.

This investment property includes 4.09 acres of land with three existing structures totaling 89,817 square feet. The site includes the current headquarters for McGriff, measuring 76,807 square feet, and identified as part of Truist Bank (TFC: NYSE).

The property is located in Birmingham’s Southside neighborhood, home to UAB, which spans 83 blocks. The data provided also notes that UAB is Alabama’s largest single-site employer, with nearly 28,000 employees and an annual economic impact exceeding $12.1 billion. In addition, Edgehill at Southtown, a $60 million multi-use development, is described as being within minutes of the property.

For an owner, the current configuration presents a developed office campus comprised of multiple buildings on a single land parcel.

Key Highlights

  • 4.09‑acre office site in Southside neighborhood of Downtown Birmingham
  • Three existing structures totaling 89,817 SF
  • Includes McGriff headquarters (76,807 SF) as part of Truist Bank (TFC: NYSE)

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Butcher Tanning Salon Veterinary Clinic Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,526
Businesses Nearby

Demographics for 35233, AL

2,588
Population
2,710
Households
1
Avg Household Size
27
Median Age
90%
College-Educated
99%
High-School Grad
1.5 sq mi
ZIP Area
1,725
Density / Sq Mi
$52,207
Median Household Income
$48,750
Median Earnings
$1,526
Median Rent
$332,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Birmingham, AL

16.6% 2019
16.9% 2020
18% 2021
19.6% 2022
19% 2023
20.2% 2024
19.8% 2025
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Frequently Asked Questions

What type of property is this?
Office building - 4.09-acre office site with three existing buildings totaling 89,817 SF, including McGriff headquarters within Truist Bank.
Where is this office building located?
The property is located at 2216 7th Ave S Birmingham, AL.
What are key features of this property?
This property features: 4.09‑acre office site in Southside neighborhood of Downtown Birmingham; Three existing structures totaling 89,817 SF; Includes McGriff headquarters (76,807 SF) as part of Truist Bank (TFC: NYSE)
More about this property
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