Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    5530 Us-280 Birmingham, AL 35242

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5530 Us-280 Birmingham, AL 35242

    View on Map
    • Office properties & Spaces
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office properties & Spaces

    Property Details for 5530 Us-280

    Property type
    Office properties & Spaces

    Description

    This exceptional office space, located at 5530 US-280 in Birmingham, Alabama (zip code 35242), offers three available suites ranging from 750 to 1,125 square feet. The property is classified as a traditional office space with multiple tenancy options. Situated in Shelby County, this location boasts unparalleled visibility from Highway 280, ensuring high traffic and brand exposure. The strategic placement adjacent to The Village at Lee Branch shopping center provides immediate access to a thriving retail environment anchored by strong national retailers such as Publix, Hobby Lobby, and Dick's Sporting Goods, among others. This proximity to established businesses translates to increased foot traffic and a desirable location for businesses seeking high visibility and convenient access to amenities. The area also benefits from above-average household incomes, indicating a strong potential customer base. Interested parties are encouraged to inquire for detailed pricing and availability information. This is an excellent opportunity to establish a presence in a high-traffic, high-visibility location within a successful retail center. The property is ideal for businesses seeking a professional and accessible office space in a vibrant commercial area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Birmingham
    County
    Shelby
    State
    Alabama
    Longitude
    -86.6648
    Latitude
    33.4044

    Comparable in this City

    • Value Estimation by Request
      2,800 SF

      400 Riverhill Business Park

      Office buildings • 2,800 SF
      400 Riverhill Business Park, Birmingham, AL 35242
      View Details
    • Value Estimation by Request
      1,047 SF

      6933 Old Overton Clb Dr

      OFFICE (GENERAL) • 1,047 SF
      6933 Old Overton Clb Dr, Birmingham, AL 35242
      View Details
    • Value Estimation by Request
      4,000 SF

      Birmingham, AL 35242

      Investment properties • 4,000 SF
      Birmingham, AL 35242
      View Details
    • Value Estimation
      $2,650,000
      17,274 SF

      3800 Corporate Woods Dr

      OFFICE (GENERAL) • 17,274 SF
      3800 Corporate Woods Dr, Vestavia, AL 35242-2213
      View Details
    • Value Estimation by Request
      77,130 SF

      5511 Us-280

      Restaurants • 77,130 SF
      5511 Us-280, Birmingham, AL 35242
      View Details
    • Value Estimation by Request
      34,535 SF

      151 Narrows Pkwy

      Medical Office Space • 34,535 SF
      151 Narrows Pkwy, Birmingham, AL 35242
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      7,200 SF

      Executive Office Building, Birmingham

      7,200 SF Class A Office, Highway 119
      7 Huddle Dr, Birmingham, AL 35242
      View Details
    • Contact for pricing
      3,453 SF

      Renovated Office Building with Parking

      Shelby County office building with ample parking and recent renovations.
      204 Griffin Park Dr, Birmingham, AL 35242
      View Details
    • Contact for pricing
      91,116 SF

      Functional Office Space Available

      Move-in ready office suite with flexible layout.
      200 Cahaba Park Cir, Birmingham, AL 35242
      View Details
    • Contact for pricing
      7,200 SF

      Renovated Office Building For Sale

      Office building renovated in 2018, near medical facilities.
      7 Huddle Dr, Birmingham, AL 35242
      View Details
    • $3,750,000

      Highway Frontage Retail/Office Building

      Two-story building on Highway 280, ideal for retail or office.
      5235 Highway 280, Birmingham, AL 35242
      View Details
    • $758,025
      3,369 SF

      Greystone Office Space For Sale

      Office suite available in convenient Greystone location near Highway 280.
      2807 Greystone Comm Blvd, Birmingham, AL 35242
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Office Space For Lease

      Office property available for lease in Birmingham, Alabama.
      31 Inverness Center Pkwy, Birmingham, AL 35242
      View Details
    • Contact for pricing

      Office Space For Lease

      Office space available for lease in Birmingham, Alabama.
      7 Huddle Dr, Birmingham, AL 35242
      View Details
    • Contact for pricing

      Award-Winning Office Park for Rent

      Lush, wooded office park near retail and residential areas.
      22 Inverness Center Pkwy, Birmingham, AL 35242
      View Details
    • Contact for pricing

      Highway 280 Corridor Commercial Space

      Conveniently located commercial space in the Highway 280 corridor.
      400 Riverhill Business Park, Birmingham, AL 35242
      View Details
    • $14 SF/Yr
      2,800 SF

      Riverhills Executive Office Space

      Prime Birmingham Office, 2800 sq ft
      400 Riverhill Business Park, Birmingham, AL 35242
      View Details
    • Contact for pricing

      Move-in Ready Office Space

      Conveniently located office space in Cahaba Valley Office Park.
      2201 Cahaba Valley Dr, Birmingham, AL 35242
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5530 Us-280
    Birmingham, AL 35242
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!