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    2100 16Th Ave Birmingham, AL 35205

    Sponsored
    For Sale
    $5,750,000

    Prime Birmingham Medical Office, 53,170 SF

    Property size:
    53,170 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional four-story, Class B medical office building, Ash Place, presents a compelling investment opportunity in Birmingham, Alabama. Boasting 53,170 square feet, this multi-tenant property is situated on a 1.26-acre lot at 2100 16th Avenue South, zip code 35205, in the desirable Southside/Medical Center district. Constructed in 1982 and renovated in 2004, the building offers a prime location with convenient access to the Red Mountain Expressway, providing easy commutes to the Central Business District, Homewood, and Midtown. Its proximity to Five Points South offers employees and tenants a vibrant array of dining and entertainment options. The building features 164 owned parking spaces and 24 leased spaces, including both covered and garage parking. Additional amenities include an exercise room and locker room, enhancing the tenant experience. The building's commanding position provides stunning views of the Birmingham skyline. This well-known building presents an excellent owner-occupant opportunity or a strong addition to an existing portfolio, given its quality tenant mix and desirable location. The asking price for this notable Southside/Medical Center building is $5,750,000.

    Property Features for 2100 16Th Ave

    General Information

    Property type
    Medical offices
    Square Feet
    53,170 SF
    Class
    B
    Lot Size
    54,886 SF

    Building Details

    Year Built/Renovated
    1982/2004
    Stories
    4

    HighLights

    • Owner‑occupied potential.
    • Red Mountain Expressway proximity.
    • Close to Five Points South, Downtown, Homewood, and Midtown.
    • On‑site amenities: garage, exercise room, locker room, and covered parking.
    • 164 owned and 24 leased parking spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Gary D. Monheit, ... Dermatologist Carlton Blake Phillips Dermatologist Carlton B. Phillips, ... Dermatologist ClasTran Transportation Service Dr. Rajini Murthy Dermatologist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Birmingham
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.7921665
    Latitude
    33.4970481

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    FAQs

    What type of property is this?
    Medical office - Prime Birmingham Medical Office, 53,170 SF
    Where is this medical office located?
    The property is located at 2100 16Th Ave Birmingham, AL.
    What is the asking price?
    The asking price for this property is $5,750,000.
    What are key features of this property?
    This property features: Owner-occupied potential.; Red Mountain Expressway proximity.; Close to Five Points South, Downtown, Homewood, and Midtown.
    Request Owner's contact information
    2100 16Th Ave Birmingham, AL 35205
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    Birmingham, AL 35205
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    Realmo Value Estimation

    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.

    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.

    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
    2100 16Th Ave Birmingham, AL 35205
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