Property profile

198 Narrows Dr Birmingham, AL 35242

OFF-MARKET
Office Spaces
2,320 SF
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Property summary

AI-generated overview

This exceptional executive office condo in Birmingham, Alabama, offers a total of 2,320 square feet of premium workspace, currently entirely vacant and available for lease. Located at 198 Narrows Drive, in Shelby County, zip code 35242 (33.3700054, -86.6673632), this property is ideal for a single tenant seeking a substantial space or multiple tenants looking to occupy a portion. The minimum divisible space is 1,320 square feet, while the maximum contiguous space available is the entire 2,320 square feet. The building's classification as an "Office Condo" provides the benefits of ownership without the responsibilities of managing the entire building. This presents a unique opportunity for businesses seeking a prestigious address in a convenient location within Birmingham. The property is categorized as an "Executive Office" space, suggesting a high level of finish and amenities. Interested parties are encouraged to inquire about lease terms and conditions. The property is ready for immediate occupancy. This is a rare opportunity to secure a significant amount of high-quality office space in a desirable Birmingham location.

Property profile

Verified
Property type Office Spaces
Total area 2,320 SF

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Insurance Agency
  • Law Firm
  • Real Estate Agency
  • Property Management Company
  • Medical Clinic

Location

198 Narrows Dr Birmingham, AL 35242
Birmingham metro
Google Maps

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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