Property profile

2021 3Rd Ave Birmingham, AL 35203

OFF-MARKET
Retail properties & Spaces
Built 1890
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Property summary

AI-generated overview

This exceptional three-story, Class B office building, constructed in 1890, offers a unique opportunity in the heart of downtown Birmingham, Alabama. Located at 2021 3rd Ave N, zip code 35203, this property boasts a rich history and a prime location within walking distance of numerous amenities. These include courthouses, city hall, the Alabama Theatre, The Collins, Brick & Tin, Paramount, Lyric Theatre, Helen, El Barrio, and Regions Bank, among many others. The building features a total of 7,000 square feet of vacant space, currently divided into multiple tenancies, with two spaces immediately available ranging from 2,500 to 7,000 square feet. The building is classified as Traditional Office, Executive Office, and Creative Office space, offering flexibility for a variety of businesses. The property includes elevators for convenient access to all three floors. This is an ideal location for businesses seeking a prestigious address in a vibrant and convenient downtown setting. The building's character and proximity to key city landmarks make it a highly desirable location for businesses of all sizes. The available space presents a rare opportunity to establish a presence in one of Birmingham's most sought-after areas.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1890

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
  • Law Firm
  • (Bike/Boat/Book/etc) Store
  • Parking Lot & Garage
  • Physician
  • Law Firm

Location

2021 3Rd Ave Birmingham, AL 35203
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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