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    586 Shades Crest Rd Birmingham, AL 35226

    For Sale
    $700,000

    Historic mountaintop office building, stunning views.

    Property size:
    3,842 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Class A office building, located at 586 Shades Crest Road in Birmingham, Alabama, presents a unique investment opportunity. The 3-story, 3,842 square foot building sits on a 1.24-acre lot boasting incredible mountaintop views, including the renowned Lover's Leap Lookout. Built in 1974, the property offers versatile space, ideal for multiple tenants. The upper two floors, each approximately 1,344 square feet, are fully built out with separate entrances, allowing for individual leasing. The ground floor provides approximately 1,154 square feet of adaptable storage space. The building is currently vacant and available for sale at $700,000. A gross lease option is also available, with a full-service lease rate of $2,800 per floor. This property offers a rare chance to acquire a piece of Birmingham history with significant potential for income generation. The property's prime location and unique features make it an attractive investment for discerning buyers. The building's flexible layout caters to a variety of business needs, from creative offices to executive suites and traditional office spaces.

    Property Features for 586 Shades Crest Rd

    General Information

    Property type
    Office space
    Square Feet
    3,842 SF
    Class
    A
    Lot Size
    54,014 SF

    Building Details

    Year Built
    1974
    Stories
    3

    HighLights

    • Office Building Available for Sale or Lease
    • 1,344 - 2,688 SF of rentable office space plus 1,154 SF of storage
    • Floors can be leased individually or as a whole
    • Full‑service lease rate: $2,800 per floor
    • Panoramic mountain views from expansive windows
    Property Profile Location Intelligence

    Current Use by Public Records

    Battle Miller Construction General Contractor Lover's Leap Tourist Attraction

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Birmingham
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.857341
    Latitude
    33.411714

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    FAQs

    What type of property is this?
    Office space - Historic mountaintop office building, stunning views.
    Where is this office space located?
    The property is located at 586 Shades Crest Rd Birmingham, AL.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: Office Building Available for Sale or Lease; 1,344 - 2,688 SF of rentable office space plus 1,154 SF of storage; Floors can be leased individually or as a whole
    Request Owner's contact information
    586 Shades Crest Rd Birmingham, AL 35226
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    Birmingham, AL 35226
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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
    586 Shades Crest Rd Birmingham, AL 35226
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