198 Narrows Dr Birmingham, AL 35242
This exceptional 1,000-square-foot executive office building is ideally situated at 198 Narrows Drive in Birmingham, Alabama, zip code 35242, within Shelby County. Offered at $455,000, this property presents a compelling investment opportunity. The building is classified as an executive office space and operates under a triple net lease (NNN) agreement. Its prime location provides convenient access to Highway 280, ensuring effortless commutes for employees and clients. The property also benefits from its proximity to numerous retail establishments, offering employees and visitors a wide array of amenities and services. A significant advantage is the absence of city or county occupational taxes, resulting in potential cost savings for the owner. Furthermore, the existing furniture is available for purchase, potentially reducing initial setup costs for the new owner. This turnkey solution makes this property an attractive option for businesses seeking a well-located, efficient, and cost-effective office space in a thriving Birmingham community. The property's latitude and longitude coordinates are 33.3700054 and -86.6673632 respectively.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.