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    1200 1St Ave Birmingham, AL 35233

    For Lease
    $34 SF/Yr

    Historic Office Suites, Flexible Sizes, Prime Location

    Lot size:
    10,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional offering presents a unique opportunity to lease office space within a vibrant Birmingham, Alabama landmark located at 1200 1st Ave S, zip code 35233. The property, categorized as both retail and traditional office space, features multiple tenancies, with a significant amount of vacant space totaling 10,000 square feet currently available. Individual suites range in size from 2,500 square feet to the full 10,000 square feet. The building boasts stunning architectural details, including abundant natural light, vaulted ceilings, and exposed brick and beam aesthetics, reflecting its rich history. Its prime location in Birmingham's Parkside District provides exceptional walkability to local amenities and restaurants. The property also offers ample building signage opportunities for enhanced visibility and brand recognition. Convenient, complimentary secured parking is provided at a ratio of 4 spaces per 1,000 square feet of leased space. This location benefits from its adjacency to a major mixed-use redevelopment project, promising significant future growth and increased exposure for tenants. This is an ideal space for businesses seeking a prestigious address in a thriving urban environment.

    Property Features for 1200 1St Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,000 SF

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    10,000 SF
    Rate per SF
    $34
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Birmingham
    County
    Shelby
    State
    Alabama
    Longitude
    -86.8150123
    Latitude
    33.5068227

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    FAQs

    What type of property is this?
    Office Property / Space - Historic Office Suites, Flexible Sizes, Prime Location
    Where is this office property / space located?
    The property is located at 1200 1St Ave Birmingham, AL.
    What is the lease rate?
    The lease rate is $34 SF/Yr.
    Request Owner's contact information
    1200 1St Ave Birmingham, AL 35233
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    Birmingham, AL 35233
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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
    1200 1St Ave Birmingham, AL 35233
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