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Property profile & analytics
FOR LEASE
Office Spaces

1000 Urban Center Dr Vestavia Hills, AL 35242

76,922 SF 3.93 ac lot Built 1990
Entity Owned 11-yr Hold Free & Clear
Property ID
US03-0680835
Property summary
AI-generated overview

This exceptional Class A office property, located at 1000 Urban Center Dr, Vestavia Hills, Alabama 35242, offers a prestigious and convenient workspace. The 167,311 square foot building boasts a state-of-the-art design and professional environment unmatched in the Birmingham area and the Southeast. Currently, there are multiple tenancy options available, with a minimum divisible space of 3,560 square feet and a maximum contiguous space of 5,173 square feet. A total of 10,115 square feet is currently vacant and ready for immediate occupancy. The building offers both creative and traditional office spaces to suit diverse business needs. Enjoy the convenience of on-site management and maintenance, along with a park-like setting and easy access to major interstates via I-459. The property's prime location along Liberty Parkway provides effortless commuting. Additional amenities include the Urban Café and convenient access to executive garaged parking. This is an unparalleled opportunity to secure high-quality office space in a thriving Vestavia Hills community. Contact us today to schedule a viewing and explore the available spaces ranging from 3,560 to 32,737 square feet. This property offers a unique blend of modern amenities, professional atmosphere, and convenient location, making it an ideal choice for businesses seeking a premier office environment.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1990
Construction CONCRETE
Total area 76,922 SF
Lot 3.93 ac (171,191 SF)
Zoning code CP
APN 28-00-12-2-000-002.004
UPID US03-0680835
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
  • Old Overton Single Family Community Center
  • Medical Properties Trust, Inc. Construction Company General Contractor
  • Sanders Family Foundation Charitable Organization Social Service Agency
  • Spectrum's Store Telecommunications Service
  • PatientInsure Medical Clinic Hospital
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$13.74M
Comparable Approach Comparable
$19.53M
Blend (final) Blend
$15.75M
Owner & transaction history
Pz Uc Building Owner LLC · 11 yrs held
Pz Uc Building Owner LLC
since 2014
3 recorded transactions
2021
Price N/A
2014
$23.5M
2011
Price N/A
Zoning & alternative use
CP · Vestavia, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $21.0M +103.4%
Neighborhood: shopping center $20.8M +101.1%
Apartment house (5+ units) $15.5M +50.0%
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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?”
More about this property
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