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Property profile & analytics
FOR LEASE
Office buildings

100 Concourse Pkwy Birmingham, AL 35215

132,698 SF 9.75 ac lot Built 1988
Entity Owned 19-yr Hold Absentee Owner Free & Clear
Property ID
US03-1320406
Property summary
AI-generated overview

Concourse 100, located at 100 Concourse Parkway in Birmingham, Alabama, offers a diverse range of office spaces ideal for various business needs. This Class B office building boasts a total of 125,597 square feet, with five currently available suites ranging from 1,850 to 11,977 square feet. The building features a recently completed renovation of all common areas, enhancing the overall aesthetic and functionality. Tenants benefit from convenient amenities including a building conference room equipped with a 60-inch SmartCast TV and WiFi, perfect for presentations and meetings. On-site conveniences include maintenance, FedEx and UPS drop boxes, and a common area breakroom with vending machines. For added convenience, Avenue C Micro Market & Vending Services are also located on the premises. Enjoy the outdoor spaces featuring a large pond with a scenic walking trail and picnic tables. Security is ensured with after-hours card access at all building entrances. The property offers a 4:1,000 parking ratio, providing ample parking for tenants and visitors. Situated in Jefferson County, this location provides easy access to nearby amenities, including the Riverchase Galleria, a major shopping mall, located just a 10-minute drive away. Furthermore, this property offers a significant advantage by being exempt from Birmingham City Occupational Taxes. The building's location in North Shelby County provides a desirable and accessible business environment. The building caters to various office needs, including traditional, executive, medical, and creative office spaces, making it a versatile option for a wide range of businesses.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1988
Total area 132,698 SF
Lot 9.75 ac (424,710 SF)
APN 109300001015000
UPID US03-1320406
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$14.37M
Blend (final) Blend
$14.38M
Owner & transaction history
Concourse 100 LLC · 19 yrs held
Concourse 100 LLC
since 2007
2 recorded transactions
2007
Price N/A
2006
$12,900
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $23.6M +6.9%
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