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    3918 Montclair Rd Mountain Brook, AL 35213

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    For Lease
    Contact for pricing

    Mountain Brook Office Space Available

    Lot size:
    51,528 SF

    Property Features for 3918 Montclair Rd

    General Information

    Property type
    Office properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    51,528 SF
    Total Rate
    83733

    Building Details

    Year Built
    1975
    Stories
    2

    Spaces For Lease

    at 3918 Montclair Rd, Mountain Brook, AL 35213 Contact us
    Unit Suite 105

    $19 /Mo

    Size
    11,624 SF
    Contact us
    Unit Suite 205

    $19 /Mo

    Size
    610 SF
    Contact us
    Unit 1st- Suite 91

    $19 /Mo

    Size
    2,572 SF
    Contact us
    Unit Suite 110

    $19 /Mo

    Size
    15,699 SF
    Contact us
    Unit Suite 202

    $19 /Mo

    Size
    2,425 SF
    Contact us
    Unit Suite 219

    $19 /Mo

    Size
    1,159 SF
    Contact us
    Show more

    We can help!

    Listing Contact
    John Hennessy
    John Hennessy

    Listing Agency: Colliers - Birmingham, Alabama Listing Agent: John Hennessy

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Crestbrook Plaza, a two-story office building totaling 51,528 square feet, offers prime executive office space in Mountain Brook, Alabama. Built in 1975, this property boasts recently updated common areas and hallways, providing a modern and comfortable work environment. The building is conveniently located on Montclair Road, adjacent to the U.S. Post Office, ensuring easy access and high visibility. Units range from a minimum of 610 square feet to a maximum contiguous space of 15,699 square feet, with 34,089 square feet currently vacant, making it ideal for businesses of various sizes. The property offers both free surface parking and executive covered parking, with a ratio of approximately 3 spaces per 1,000 square feet. Elevators are available for convenient access to all floors. Its location in Mountain Brook provides the benefit of no occupational tax, a significant advantage for businesses. The building's proximity to Crestline Village, Lakeview, Avondale, and Mountain Brook Village offers employees easy access to a variety of dining, shopping, and entertainment options. Several fitness facilities, including Iron Tribe, Planet Fitness, and the Jewish Community Center, are also conveniently located nearby. This exceptional location, combined with modern amenities and a competitive tax structure, makes Crestbrook Plaza an attractive option for businesses seeking high-quality office space in a desirable area. Multiple tenancy options are available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Mountain Brook
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.7609366
    Latitude
    33.5071802

    Nearby Similar for Lease

    • $28 SF/Yr

      Class A Office Building

      Class A office building with excellent visibility and easy access.
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    • $26 SF/Yr
      5,253 SF

      Mountain Brook Office Space For Lease

      Prime Office Building, 5,253 sq ft, Ample Parking
      3300 Cahaba Rd, Mountain Brook, AL 35223
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      62,073 SF

      Mountain Brook Office Park Investment

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      2,169 SF

      Retail Space in Mountain Brook

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    FAQs

    What type of property is this?
    Office property - Mountain Brook Office Space Available
    Where is this office property located?
    The property is located at 3918 Montclair Rd Mountain Brook, AL.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: Prime Montclair Road location, adjacent to the US Post Office.; Executive covered parking available.; Located in Mountain Brook, AL; no occupational tax.
    (205) 949-5982 Call to check price and availability
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    3918 Montclair Rd Mountain Brook, AL 35213
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    Mountain Brook, AL 35213
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    3918 Montclair Rd Mountain Brook, AL 35213
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    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing John Hennessy
    John Hennessy
    Real Estate License ID: 0000877410
    (205) 949-5982 (205) 451-9002
    Learn more
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