Office Suite with Private
For Sale
Contact for pricing
200 CAHABA PARK CIRCLE, Birmingham, AL 35242
Enclosed work areas are complemented by rooms for meetings, training, and shared administrative functions.
Property Size1,950 SF
Price / SF$1.25
Days on Market715
Property Features for 200 CAHABA PARK CIRCLE
General Information
Standard status
Active
Size
1,950 SF
Property subtype
Office
Site & Location
Neighborhood
Overton
Highway Access
Yes
Additional Details
Property Use
Office
Building Details
Building Size
1,950 SF
Year Built
1986
Listing Agency:
Right Space LLC
Listed By:
Richard Henry
(205) 799-8110
Source:
Creresidential
Added: Nov 14, 2024
Changed: Oct 26
Last Checked: Oct 26 at 1:01PM
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 Right Space LLC
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Investment Insights
Based on property information with market context.
Located in Cahaba Office Park, this 3,982-SF office suite offers a mix of enclosed offices and larger interior rooms for meetings, training, or shared work. The layout supports a range of individual and collaborative work areas. The building dates to 1986.
The property is in Birmingham’s Highway 280 corridor, with access to Highway 280 and I-459. Free surface parking is available on site, and nearby retail and dining amenities add convenience. The suite is offered on a full-service lease that includes utilities and common-area expenses.
The property is in Birmingham’s Highway 280 corridor, with access to Highway 280 and I-459. Free surface parking is available on site, and nearby retail and dining amenities add convenience. The suite is offered on a full-service lease that includes utilities and common-area expenses.
Key Highlights
- 3,982 SF office suite at Cahaba Office Park
- Enclosed offices plus larger rooms for meetings, training, or shared work
- Free on‑site surface parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,420
Suggested Prices Based on Cap Rates
Cap Rate 5%
$468,400
$468.4K
Cap Rate 7%
$334,571
$334.6K
Cap Rate 9%
$260,222
$260.2K
Market Conditions
NOI Build-Up for 1,950 SF
Gross rent
$39.8K $20.40/SF
− Vacancy
−$8.6K −$4.39/SF
EGI
$31.2K $16.01/SF
− OpEx
−$7.8K −$4.00/SF
NOI
$23.4K $12.01/SF
Area
Birmingham, AL
Vacancy
21.50%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$468,400
Cap Rate 7%
$334,571
Cap Rate 9%
$260,222
Alternative Uses
Best Use
Office B
$334.6K
$292.8K – $390.3K
NOI $23,420 @ 7.0% cap · market cap 960.62%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$457.7K
$400.5K – $534.0K
NOI $32,039 @ 7.0% cap · market cap 1,314.15%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
886
Businesses Nearby
Explore this area
Business Placement
Demographics for 35242, AL
57,008
Population
25,247
Households
2.3
Avg Household Size
42
Median Age
65%
College-Educated
97%
High-School Grad
52.4 sq mi
ZIP Area
1,088
Density / Sq Mi
$116,053
Median Household Income
$59,731
Median Earnings
$1,430
Median Rent
$452,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Birmingham, AL
Frequently Asked Questions
What type of property is this?
Office unit - Enclosed work areas are complemented by rooms for meetings, training, and shared administrative functions.
Where is this office unit located?
The property is located at 200 CAHABA PARK CIRCLE Birmingham, AL.
What are key features of this property?
This property features: 3,982 SF office suite at Cahaba Office Park; Enclosed offices plus larger rooms for meetings, training, or shared work; Free on‑site surface parking
