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    3196 Us-280 Birmingham, AL 35243

    Sponsored
    For Sale
    $3,500,000

    420,460 SF Office Building, Vacant, $3.5M

    Property size:
    420,460 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 420,460 square foot, three-story office building in Birmingham, Alabama, presents a unique investment opportunity. Located at 3196 US-280, this property boasts a prime location at the intersection of I-459 and Highway 280, directly across from The Summit, Birmingham's premier retail destination. Built in 1983 by AT&T as its Alabama operations center, the building exemplifies institutional quality construction and design, having won multiple awards for architectural and engineering excellence. Its environmentally conscious design features included a green roof with solar panels (now decommissioned) and integration into the natural topography to minimize heat load. The picturesque setting includes a 5.5-acre man-made lake and extensive wooded areas with miles of walking trails. The property sits within a master-planned development, adjacent to two recently completed luxury residential communities. Zoned Q-C2 (Qualified General Commercial District), this 9.002-acre lot offers incredible potential for various uses. The asking price is $3,500,000, translating to a remarkably low price per square foot of $8.32. The building is currently vacant, providing immediate flexibility for the new owner. This low basis makes it a compelling investment for a wide range of buyers.

    Property Features for 3196 Us-280

    General Information

    Property type
    Medical offices
    Square Feet
    420,460 SF
    Lot Size
    392,127 SF

    Building Details

    Year Built
    1983
    Stories
    3

    HighLights

    • I‑459 & Hwy 280 intersection, across from The Summit mall; excellent Birmingham MSA access.
    • High‑quality construction; formerly AT&T's Alabama Operations Center.
    • Architecturally award‑winning design; incorporates energy‑efficient features.
    • 5.5‑acre lake & extensive wooded walking trails.
    • Adjacent to new luxury residential developments (Tributary Rise & Overture).
    • Exceptional value: Offered at under $9.00/SF.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Birmingham
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.7358317
    Latitude
    33.4416172

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    FAQs

    What type of property is this?
    Medical office - 420,460 SF Office Building, Vacant, $3.5M
    Where is this medical office located?
    The property is located at 3196 Us-280 Birmingham, AL.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: I-459 & Hwy 280 intersection, across from The Summit mall; excellent Birmingham MSA access.; High-quality construction; formerly AT&T's Alabama Operations Center.; Architecturally award-winning design; incorporates energy-efficient features.
    Request Owner's contact information
    3196 Us-280 Birmingham, AL 35243
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    Birmingham, AL 35243
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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
    3196 Us-280 Birmingham, AL 35243
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