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    2 20Th St Birmingham, AL 35203

    For Lease
    $20 SF/Yr

    Flexible Suites, Abundant Parking

    Lot size:
    37,926 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional Birmingham, Alabama office property at 2 North 20th Street offers a diverse range of spaces to suit various business needs. Located in Jefferson County, zip code 35203, the building totals 37,926 square feet and is currently fully vacant, presenting a unique opportunity for a single tenant or multiple occupants. The property is classified as an Executive Office, Coworking, Medical Office, Creative Office, and Traditional Office space, catering to a wide array of businesses. Multiple tenancy options are available, with spaces ranging from a minimum of 950 square feet to a maximum contiguous space of 11,620 square feet. Seven individual spaces are currently available for lease. One parking space is provided for every 1000 square feet of leased space. Specific available spaces include a 7,419 square foot space on the 3rd floor and a 5,053 square foot space on the 14th floor, with the latter available from April 15th, 2022. The 3rd floor space is offered at a reduced rate of $18.00 per square foot. This central Birmingham location provides easy access to various amenities and transportation options. The property's versatility and ample space make it an ideal location for businesses seeking a modern and functional workspace.

    Property Features for 2 20Th St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    37,926 SF
    Total Rate
    63210

    Unit(s) available at that property

    Space
    9th Floor
    Size
    2,091 SF
    Rate per SF
    $22
    Space
    6th Floor
    Size
    11,620 SF
    Rate per SF
    $22
    Space
    14th Floor
    Size
    1,694 SF
    Rate per SF
    $22
    Space
    16th Floor
    Size
    11,620 SF
    Rate per SF
    $22
    Space
    11th Floor
    Size
    6,501 SF
    Rate per SF
    $22
    Space
    13th Floor
    Size
    860 SF
    Rate per SF
    $22
    Space
    3rd Floor
    Size
    7,418 SF
    Rate per SF
    $20

    HighLights

    • 7,419 SF available on the 3rd floor, reduced rate of $18/SF.
    • Suites ranging from 677 to 11,620 SF available.
    • 5,053 SF available on the 14th floor, ready for occupancy April 15, 2022.
    • 1,000 SF of parking per 1,000 SF of rentable space.
    • On‑site security, engineering, and property management.
    • Centrally located between the Central Business District and UAB.
    Property Profile Location Intelligence

    Current Use by Public Records

    Vineyard Brands Wine Wholesaler And Importer Turner Chance Attorney Federal Mediation Conciliation Lawyer Law Office of Gilchrist-Davis ... Legal Services Arlington Construction Services, ... General Contractor

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Birmingham
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.8057535
    Latitude
    33.5133658

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    FAQs

    What type of property is this?
    Office space - Flexible Suites, Abundant Parking
    Where is this office space located?
    The property is located at 2 20Th St Birmingham, AL.
    What is the lease rate?
    The lease rate is $20-$22 SF/Yr.
    What are key features of this property?
    This property features: 7,419 SF available on the 3rd floor, reduced rate of $18/SF.; Suites ranging from 677 to 11,620 SF available.; 5,053 SF available on the 14th floor, ready for occupancy April 15, 2022.
    Request Owner's contact information
    2 20Th St Birmingham, AL 35203
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    Birmingham, AL 35203
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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
    2 20Th St Birmingham, AL 35203
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