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    Inverness Center Dr Birmingham, AL 35242

    For Lease
    $19 SF/Yr

    Class A Office Building, Birmingham, AL

    Lot size:
    148,877 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Class A office building, 40 Inverness Center North, presents a unique opportunity in Birmingham, Alabama. Located in the prestigious Inverness Center Master Planned Urban Development, this property boasts a total of 148,877 square feet across two buildings. Currently, the entire 148,877 square feet is available for a single tenant. Built in 1985, the building offers a desirable executive office space within a thriving business location. The property's prime location in Hoover, at the intersection of I-459 and US Hwy 280, provides unparalleled access to major transportation arteries. Enjoy a picturesque setting with views of Memorial Lake, complemented by outdoor seating and walking trails. The surrounding area is rich in amenities, including high-end retail, service retail, banking facilities, daycare centers, and a variety of restaurants. This is an ideal location for businesses seeking a prestigious address and a vibrant, amenity-rich environment. The property's address is Inverness Center Dr, Birmingham, AL 35242. This is a single-tenant occupancy opportunity in a highly sought-after location. The building's suburban setting offers a unique blend of natural beauty and convenient access to a wide range of businesses and services. This is a rare chance to secure a significant amount of Class A office space in a prime Birmingham location.

    Property Features for 0 Inverness Center Dr

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    148,877 SF
    Class
    A
    Total Rate
    241925.13

    Building Details

    Year Built
    1985
    Buildings
    2

    Unit(s) available at that property

    Space
    Available Space
    Size
    148,877 SF
    Rate per SF
    $19

    HighLights

    • Undergoing renovations.
    • 1,500 to 148,877 square feet available.
    • Prime Highway 280 location.
    • Excellent access to shopping and dining.
    • On‑site surface parking.
    • 3.5 parking spaces per 1,000 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Double Oak Mountain ... Dentist Crew Lending Mortgage Lender Inverness Family Dentistry ... Dentist Brewer D Matson ... Dentist Dr. Chris D. ... Dentist

    Map

    City
    Birmingham
    County
    Shelby
    State
    Alabama
    Longitude
    -86.702558
    Latitude
    33.4187898

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    FAQs

    What type of property is this?
    Office Property / Space - Class A Office Building, Birmingham, AL
    Where is this office property / space located?
    The property is located at Inverness Center Dr Birmingham, AL.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: Undergoing renovations.; 1,500 to 148,877 square feet available.; Prime Highway 280 location.
    Request Owner's contact information
    Inverness Center Dr Birmingham, AL 35242
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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
    Inverness Center Dr Birmingham, AL 35242
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