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    3240 Edwards Lake Pkwy Birmingham, AL 35235

    For Lease
    $24 SF/Yr

    Trussville medical office space available.

    Lot size:
    15,609 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This two-story, Class B medical office building, constructed in 2002, offers 15,609 square feet of space in a prime Trussville location. The building features five suites, with a minimum divisible space of 787 square feet and a maximum contiguous space of 7,804 square feet. Currently, 787 square feet are vacant, situated on the second floor and previously used as a compounding pharmacy. This space includes a kitchenette. The building boasts a controlled-access system, individual HVAC units for each suite, and 30 total parking spaces. Located on Edwards Lake Road, near Edwards Lake Road, it benefits from excellent access to I-459 and I-59, placing it within easy reach of Ascension St. Vincent's East Hospital. The property's strategic location is further enhanced by its proximity to a variety of retail establishments, multifamily residential complexes, and a Hilton Garden Inn. The property sits on 0.9 acres of land and is zoned C-1. Jefferson County APN: 12-00-33-1-000-014.002. Alabama Power provides electricity. The building includes elevators. Annual property taxes are $2.72 per square foot.

    Property Features for 3240 Edwards Lake Pkwy

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    15,609 SF
    Class
    B
    Total Rate
    31218

    Building Details

    Year Built
    2002
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    202
    Size
    787 SF
    Rate per SF
    $24

    HighLights

    • 15,609 SF Class B medical/office building in Trussville, AL, with 787 SF currently vacant.
    • Convenient I‑459/I‑59 access, near Ascension St. Vincent's East Hospital and abundant retail/multifamily/hotel development.
    • Controlled‑access building with individual HVAC units.
    • 0.9‑acre site with 30 parking spaces.
    • Building features 5 suites, minimum divisible space of 787 SF, and a maximum contiguous space of 7,804 SF.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dr. Andreas T. ... General Practitioner Edwards Lake Medical ... Doctor Dr. James B. ... Ophthalmologist Mark G Bearman, ... Ophthalmologist Mark D McClintock ... Optometrist

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Gym & Fitness Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Birmingham
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.647716580676
    Latitude
    33.598243401115

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    FAQs

    What type of property is this?
    Medical office - Trussville medical office space available.
    Where is this medical office located?
    The property is located at 3240 Edwards Lake Pkwy Birmingham, AL.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: 15,609 SF Class B medical/office building in Trussville, AL, with 787 SF currently vacant.; Convenient I-459/I-59 access, near Ascension St. Vincent's East Hospital and abundant retail/multifamily/hotel development.; Controlled-access building with individual HVAC units.
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    3240 Edwards Lake Pkwy Birmingham, AL 35235
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    Birmingham, AL 35235
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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
    3240 Edwards Lake Pkwy Birmingham, AL 35235
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