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    2117 Magnolia Ave Birmingham, AL 35205

    For Lease
    $22 SF/Yr ($19,500 /Mo)

    Executive Suites, 5,200 SF Available

    Lot size:
    10,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 5,200 square foot executive office space is situated in the vibrant Five Points South neighborhood of Birmingham, Alabama. Located at 2117 Magnolia Avenue South, this ground floor offering is part of a larger 10,400 square foot building constructed in 1965. The property boasts ample on-site parking, with a generous ratio of 5 spaces per 1,000 square feet of building area. Currently, 5,200 square feet is immediately available for lease, making it ideal for a single large tenant or multiple smaller businesses seeking a prestigious address. The building's location provides unparalleled convenience, with easy access to the Red Mountain Expressway, ensuring seamless commutes to Midtown and the central business district. A short three-minute walk connects tenants to the heart of Five Points South's bustling shops, restaurants, and entertainment venues. This property presents a unique opportunity to establish a thriving business in a highly desirable and accessible location. The building is multi-tenant, offering a collaborative and dynamic work environment. The available space is ready for immediate occupancy. Inquire today to learn more about this exceptional opportunity.

    Property Features for 2117 Magnolia Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,400 SF
    Total Rate
    19500

    Building Details

    Year Built
    1965

    Unit(s) available at that property

    Space
    Available Space Ground Floor
    Size
    5,200 SF
    Rate per SF
    $22

    HighLights

    • Ground floor office space available in Five Points South.
    • Excellent Midtown and CBD access via nearby Red Mountain Expressway.
    • Generous on‑site parking (5 spaces per 1,000 square feet).
    • Three‑minute walk to Five Points South's central area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Tech Providers Inc Employment Agency Mc Ferrin Law ... Attorney Claude H. Estes ... Accounting Firm Watson Networks Telecommunications Service Provider Estes & Co Accounting Firm

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Dental Office Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Birmingham
    County
    Shelby
    State
    Alabama
    Longitude
    -86.7946874
    Latitude
    33.5025884

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    FAQs

    What type of property is this?
    Office Property / Space - Executive Suites, 5,200 SF Available
    Where is this office property / space located?
    The property is located at 2117 Magnolia Ave Birmingham, AL.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: Ground floor office space available in Five Points South.; Excellent Midtown and CBD access via nearby Red Mountain Expressway.; Generous on-site parking (5 spaces per 1,000 square feet).
    Request Owner's contact information
    2117 Magnolia Ave Birmingham, AL 35205
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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
    2117 Magnolia Ave Birmingham, AL 35205
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