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Property profile & analytics
OFF-MARKET Estimated value $1,640,000
Office Spaces

312 Richard Arrington Jr N Blvd Birmingham, AL 35203-3328

16,447 SF 0.32 ac lot Built 1924
Entity Owned 9-yr Hold ~ Est. High Equity
Property ID
US03-0487757
Property summary
AI-generated overview

This exceptional Class A property at 312 Richard Arrington Jr. Blvd. N in Birmingham, Alabama (zip code 35203), offers a rare opportunity to lease newly renovated and redeveloped office space within a historic downtown building. The property, totaling 11,276 square feet, is categorized as retail and office, specifically featuring executive office suites and power center options. Multiple tenancies are available, with a minimum divisible space of 950 square feet and a maximum contiguous space of 3,379 square feet. Currently, there are 5,925 square feet of vacant space ready for immediate occupancy. The building's prime location in downtown Birmingham provides excellent visibility and accessibility. Ideal for businesses seeking modern, efficient, and historically significant office space, this property presents a unique blend of classic charm and contemporary amenities. The flexible space options cater to a variety of business needs, from small startups to established companies requiring larger footprints. Don't miss this chance to secure your presence in one of Birmingham's most desirable locations. Contact us today to schedule a viewing and explore the possibilities.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1924
Total area 16,447 SF
Lot 0.32 ac (14,000 SF)
Zoning code B4
APN 22-00-36-2-011-001.000
UPID US03-0487757
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Train & Burn Fitness Studio Gym & Fitness Center
  • National Finance & Discount Co Loan Service
  • Ford Finance Co Loan Service
  • Loc’d & Lov’d Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.06M
Blend (final) Blend
$1.64M
Owner & transaction history
Birmingham Industrial Ptrs LLC · 9 yrs held
Birmingham Industrial Ptrs LLC
since 2017
3 recorded transactions
2018
Price N/A
2017
$775,000
1969
Price N/A
Zoning & alternative use
B4 · Birmingham, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $2.7M +42.7%
Retail stores $2.0M +8.4%
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