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Financial
Distress signals
Property profile

3500 Blue Lake Dr Birmingham, AL 35243

FOR SALE
Other office properties
Property ID
US03-1218560
11,159 SF 9.94 ac lot Built 1982
Last sale Dec 2021 · $19,400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is an office building totaling 15,844 square feet, located at the intersection of Highway 280 and Interstate 459 with access to the Birmingham area. It provides vehicular ingress and egress without requiring access to major roadways, and it is configured to support smaller office suites within the building as well as larger floorplates that can accommodate larger users on a single level. The building includes access to a shared conference room and has an on-site micro-mart offering…

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?
$324k
Tax billed · 2022
Assessed value · 2023$4.60M
Assessed land$716k
Assessed improvement$3.88M
Effective rate7.04%

Value estimate

· Oct 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$175/SF
ZIP average, outlier-cleaned · 41 recorded sales of this use type
Observed band · Q1–Q3$101 – $285
Qualifying comparables9

Cap rate analysis

How does the asset earn?
8,902,662.22%
$2.00M estimated NOI · market benchmarks for this use type

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

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionJEFFERSON

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop14.3
Building Supply13.3
Wholesale Shop11.8

Location

3500 Blue Lake Dr Birmingham, AL 35243
County assessor Recorded deeds · 3 transfers 9 qualifying comp sales Zoning catalog · not on file

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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4501 Pne Tree, Vestavia, AL 35243-2577 $1,900,000 Oct 2024 14,325 SF
2870 Old Rocky Rdg, Birmingham, AL 35243-2927 $365,000 Jun 2024 11,430 SF
2106 Devereux, Vestavia, AL 35243-2556 $390,540 Mar 2024 11,398 SF
5300 Cahaba Riv, Vestavia, AL 35243-2367 $979,000 May 2021 11,040 SF
3168 Cahaba Hts, Vestavia, AL 35243-5243 $575,000 Jan 2020 10,170 SF
3070 Grn Vly, Vestavia, AL 35243-5600 $1,500,000 Jun 2019 9,735 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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