Property profile

317 20Th St Birmingham, AL 35203

OFF-MARKET
Office Spaces
24,821 SF Built 1900
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Property summary

AI-generated overview

This exceptional redevelopment opportunity presents a ±24,821 square foot, three-story creative office building located in Birmingham, Alabama's Central Business District at 317 20th Street North. Built in 1900 and extensively renovated in 2018, the property boasts a blend of historic charm and modern functionality. The building currently generates income from two retail tenants. A significant portion, approximately 18,692 square feet, is available as shell space, complete with recently replaced mechanical, electrical, plumbing, and roofing systems. This presents a unique chance for either owner-occupancy or investment, capitalizing on the strong downtown Birmingham market and the potential for further development. The property's prime corner location at 4th Avenue North and 20th Street offers excellent visibility and accessibility. Historic Tax Credits are also available, adding further value to this compelling investment. The property's size, location, and existing infrastructure make it an ideal candidate for a variety of creative office uses.

Property profile

Verified
Property type Office Spaces
Year built 1900
Total area 24,821 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

317 20Th St Birmingham, AL 35203
Birmingham metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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