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Financial
Distress signals
Property profile

2120 16Th Ave S Birmingham, AL 35205

FOR LEASE
Office Spaces
Property ID
US03-0371382
15,168 SF 0.37 ac lot Built 1987
Last sale Jan 2024 · $1,920,000
Individually Owned Owner of record is an individual. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional Class A office building, the Southpoint Executive Center, offers multiple tenancy options in a prime Birmingham, Alabama location. Situated at 2120 16th Ave S, 35205, this three-story building boasts a total of 15,699 square feet, with 7,196 square feet currently available for lease. The building features two high-speed elevators for convenient access to all three floors. Ample parking is provided with 45 spaces. The property is ideally situated between downtown Birmingham,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$28k
Tax billed · 2022
Assessed value · 2023$447k
Assessed land$59k
Assessed improvement$388k
Effective rate6.22%

Value estimate

· Oct 2026
$1.92M
$1.73M – $2.11M
AI approach$1.92M
Submarket $/SF estimate$2.57M
NOI build-up
Gross scheduled income$320k
Vacancy & credit loss−$69k
Operating expenses−$63k
NOI · 754,212.00% cap applied$189k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$120/SF
ZIP average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$79 – $170
Qualifying comparables8

Cap rate analysis

How does the asset earn?
754,212.00%
$189k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B2
Section 2. B-2 General Business District Subsection 1. Generally. The regulations set forth in this Section or set forth elsewhere in thi...
General categoryCIVIC_INSTITUTIONAL
JurisdictionJEFFERSON

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service10.7
Daycare Center10.2
Barber Shop9.2

Location

2120 16Th Ave S Birmingham, AL 35205
County assessor Recorded deeds · 1 transfer 8 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1211 27th S, Birmingham, AL 35205-1806 $415,000 Nov 2023 8,210 SF
1715 11th S, Birmingham, AL 35205-4701 $523,250 Oct 2023 6,948 SF
2614 Highland S, Birmingham, AL 35205-1708 $675,000 Nov 2022 6,282 SF
1800 12th S, Birmingham, AL 35205-4812 $750,000 Jun 2022 7,248 SF
901 18th S, Birmingham, AL 35205-3711 $1,200,000 Apr 2020 8,840 SF
1101 22nd S, Birmingham, AL 35205-2813 $1,450,000 Feb 2020 9,138 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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