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Property profile & analytics
OFF-MARKET
Office Spaces

198 Narrows Dr Birmingham, AL 35242

1,000 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Total area 1,000 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
  • Farmers Insurance: Patti Acton Insurance Agency
  • Dillard & Associates Law Firm
  • Rent Birmingham Real Estate Agency
  • Bridge Property Management Property Management Company
  • Andrea S Lamberson LLC Medical Clinic
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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