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Property profile & analytics
OFF-MARKET
Estimated value
$3,620,000
Office Spaces
100 Centerview Dr Vestavia Hills, AL 35216-3747
Entity Owned
Free & Clear
Property ID
US03-0947285
Property summary
AI-generated overview
The Chambers Building, located at 100 Centerview Drive in Vestavia Hills, Alabama, presents a unique investment opportunity. This Class B, two-story building offers a blend of traditional and executive office spaces, perfect for a variety of businesses. The property totals 1,455 square feet, with 813 square feet currently vacant, providing immediate occupancy potential. Built in 2021, the building boasts modern amenities and underwent renovations that year. The building is comprised of one structure and features multiple tenancies, allowing for flexibility in lease arrangements. The property is zoned for office and restaurant use, offering diverse possibilities for tenants. Situated in Jefferson County, Alabama, with a zip code of 35216, the Chambers Building benefits from a convenient location in Vestavia Hills. Available spaces range from 727 to 1,902 square feet, catering to businesses of various sizes. This property is an excellent choice for businesses seeking a well-maintained, modern office space in a desirable location. The building's strategic location and flexible space options make it an attractive prospect for both established businesses and startups. Contact us today to learn more about this exceptional opportunity.
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1985
Construction
STEEL FRAME
Total area
37,760 SF
Lot
2.98 ac (129,983 SF)
Zoning code
C1
APN
39-00-01-1-001-001.015
UPID
US03-0947285
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.07M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.96M
Blend (final)
Blend
$3.62M
Owner & transaction history
Chambers Building Partners LLC
Chambers Building Partners LLC
since 2025
Last sale
$4.6M
5 recorded transactions
Zoning & alternative use
C1 · Vestavia Hills, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$6.0M
+20.9%
Auto repair, garage
$5.3M
+7.5%
Neighborhood: shopping center
$5.3M
+7.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Vestavia Hills submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Vestavia Hills submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$3,115,000
ML approach
$3,070,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$4,970,000
Current use
MEDICAL BUILDING
$6,010,000
Change: +21% · Conversion: Easy
AUTO REPAIR, GARAGE
$5,340,000
Change: +7% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$5,325,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$3.62M
Range $3.26M – $3.98M · ±10% · vs last sale $4.55M (Jun 29 2025)
Last sale anchor
$4.55M
Jun 29 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$96 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$54,466
Tax year 2022
Assessed value
$949,680
Assessed 2023
Previous assessed
$588,180
+61.5% YoY
Effective rate
5.74%
On assessed value
Assessed land
$133,420
Assessed improvement
$816,260
Land market value
$667,100
Improvement market value
$4,081,300
Total market value
$4,748,400
Applied tax rate
20.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1985
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Stories
2
Bathrooms
1
Total area
37,760 SF
Lot
2.98 ac (129,983 SF)
Zoning code
C1
APN
39-00-01-1-001-001.015
UPID
US03-0947285
Jurisdiction
JEFFERSON
Zoning & alternative use
C1 · Vestavia Hills, ALZoning C1 · permitted uses
C1 · Vestavia Hills, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$5.0M
MEDICAL BUILDING
Est. value
$6.0M
AUTO REPAIR, GARAGE
Est. value
$5.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.3M
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1985
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Bathrooms
1
Lot
2.98 ac
Current owner
From public records · entity-resolved
Chambers Building Partners LLC
Entity
Free & Clear · 0 yrs held
Mailing address
951 18TH ST ENSLEY #200, BIRMINGHAM, AL 35218-1524
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2025
$4,550,000
Chambers Building Partners LLC
Chambers Vestavia LLC
Warranty Deed
—
May 14, 2021
$2,700,000
Chambers Vestavia LLC
Mountaintop Holdings LLC
Warranty Deed
$2,675,000 · Commerceone Bank
Jan 13, 2006
—
Mountaintop Holdings LLC
Southmark Properties Lc
Warranty Deed
related
$2,205,215 · Regions Bk/norcross Ga
Feb 1, 1997
$1,900,000
New Owner
Highpoint Ltd
Grant Deed
related
—
Jun 1, 1993
$6,200,000
Highpoint Ltd
Unknown
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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