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    1 Independence Plz Homewood, AL 35209

    • Office Properties & Spaces
    • 106,216 SF
    For Lease
    View listing
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Sandi Eubank Gregory, Attorney at Law / Legal Services
    • Dorothy Reid, The Hutson Company / Mortgage Lender / Banking And Finance
    • Halbrooks & Allen, LLC / Legal Services
    • Regions Bank / Bank / Atm
    • Rudolph Robert DDS / Dentist

    Property Details for 0 1 Independence Plz

    Year built
    1979
    Property size
    106,216 SF
    Property type
    Office Properties & Spaces
    Property subtype
    Office space

    Description

    One Independence Plaza offers exceptional executive office space in the heart of Homewood, Alabama. This Class A building, constructed in 1979, boasts a total of 106,216 square feet situated on a 2.35-acre lot. Currently, there are 4,057 square feet of vacant space available, divisible into units as small as 701 square feet, with a maximum contiguous space of 3,356 square feet. The building is ideally suited for multiple tenants seeking professional office environments. Located at One Independence Plaza, in the Homewood submarket of Jefferson County, this property provides easy access to key amenities and transportation routes. The building's prime location within Homewood's landmark professional office tower ensures high visibility and a prestigious address. This is an excellent opportunity for businesses seeking modern, efficient, and well-located office space in a thriving Alabama community. The zip code is 35209. The property type is office, specifically executive office and professional office space.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Homewood
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.7884
    Latitude
    33.4805

    Comparable in this City

    • Value Estimation by Request
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      1824 28th S Ave

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    • Value Estimation by Request
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      2714 19th S Pl

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    • Value Estimation
      $1,580,000
      2,421 SF

      2727 19th S Pl

      OFFICE (GENERAL) • 2,421 SF
      2727 19th S Pl, Birmingham, AL 35209-1919
      View Details

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    Similar Nearby for Lease

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    • Contact for pricing
      106,216 SF

      Prestigious Homewood Office Space

      Executive Suites, Homewood, AL.
      0 1 Independence Plz, Homewood, AL 35209
      View Details
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    1 Independence Plz
    Homewood, AL 35209
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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
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