1820 Southpark Dr, Birmingham, AL 35244
Mixed-use property featuring retail and office spaces, totaling 10,607 square feet.
- Added:
- Sep 21, 2022
- Days on Market:
- 1388
- Last Refresh:
- Jul 5 at 2:44 pm
Property Features for 1820 Southpark Dr
General Information
- Standard status
- Active
- Size
- 10,607 SF
- Property subtype
- Retail, Office, Mixed Use
Building Details
- Year Built
- 1997
Listing office HSC Commercial Properties
Listing date Sep 21, 2022
Source Crexi
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 HSC Commercial Properties
HighLights
- Built in 1997
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $216.4k | $20.40 |
| − Vacancy | −$46.5k | −$4.39 |
| EGI | $169.9k | $16.01 |
| − OpEx | −$42.5k | −$4.00 |
| NOI | $127.4k | $12.01 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Birmingham
- County
- Shelby
- State
- Alabama
- Longitude
- -86.7942117
- Latitude
- 33.3500417
