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2 20Th St Birmingham, AL 35203

OFF-MARKET Office Spaces Google Maps
37,926 SF
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional Birmingham, Alabama office property at 2 North 20th Street offers a diverse range of spaces to suit various business needs. Located in Jefferson County, zip code 35203, the building totals 37,926 square feet and is currently fully vacant, presenting a unique opportunity for a single tenant or multiple occupants. The property is classified as an Executive Office, Coworking, Medical Office, Creative Office, and Traditional Office space, catering to a wide array of businesses. Multiple tenancy options are available, with spaces ranging from a minimum of 950 square feet to a maximum contiguous space of 11,620 square feet. Seven individual spaces are currently available for lease. One parking space is provided for every 1000 square feet of leased space. Specific available spaces include a 7,419 square foot space on the 3rd floor and a 5,053 square foot space on the 14th floor, with the latter available from April 15th, 2022. The 3rd floor space is offered at a reduced rate of $18.00 per square foot. This central Birmingham location provides easy access to various amenities and transportation options. The property's versatility and ample space make it an ideal location for businesses seeking a modern and functional workspace.

Property profile

Verified
Property type Office Spaces
Total area 37,926 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
  • Brewery & Distillery Big Box & Wholesale Store
  • Law Firm
  • Law Firm
  • Law Firm
  • Construction Company General Contractor

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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