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Property profile & analytics
OFF-MARKET
Office Spaces

500 Office Park Dr Birmingham, AL 35223

13,375 SF
Property ID
Property summary
AI-generated overview

This exceptional Class A office condo, located at 500 Office Park Drive, Suite 310 in Birmingham, Alabama, presents a unique investment opportunity. Spanning 13,375 square feet across three stories within a single building, this property underwent a complete renovation in 2021. Situated in the prestigious Mountain Brook Office Park, it benefits from a highly desirable Midtown location, offering easy access to major thoroughfares including Highway 280, Highway 31, and I-459. The property boasts ample free surface parking, a significant advantage in this area. Inside, you'll find a modern, remodeled interior including updated common areas and restrooms, along with a convenient on-site conference room. The building is located in Mountain Brook, which offers the benefit of no city occupational taxes. This prime location provides close proximity to a variety of hotels, restaurants, shopping centers, and attractive residential neighborhoods, making it an ideal location for businesses seeking a high-profile address and convenient amenities. This is the only office condo of this size currently available in Mountain Brook Office Park, representing a rare opportunity to acquire a substantial, well-maintained office space in a thriving Birmingham submarket. The property's strategic location and recent renovations position it for immediate occupancy and strong long-term value. The asking price is $2,080,000. The zip code is 35223.

Property profile
Verified
Property type Office Spaces
Total area 13,375 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • The Parker Law Firm LLC Law Firm
  • Ashley Fry Physician
  • PJ Shackelford Loan Service Bank
  • Jennifer Strickland - Assurance Financial Loan Service Bank
  • Elite Counseling Center Psychotherapist
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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