Property profile

1100 23rd S St Birmingham, AL 35205

OFF-MARKET
Office Spaces
Property ID
US03-0448642
5,068 SF 0.18 ac lot Built 1985
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 5,429-square-foot office building at 1100 23rd Street South in Birmingham, Alabama, presents a fantastic opportunity for a single tenant. Built in 1985, this four-story traditional office building is entirely vacant and ready for immediate occupancy. The property boasts ample parking with 12 onsite spaces supplemented by convenient street parking, ensuring easy access for employees and clients. Its strategic location offers convenient access to the Red Mountain Expressway, simplifying commutes and transportation. The building's location also places it within easy reach of a variety of dining establishments and popular residential areas, enhancing its appeal and convenience. The space is ideal for professional firms seeking a move-in ready solution. The lease rate is $15.50 per square foot, plus utilities and janitorial services. The property's address is 1100 23rd Street South, Birmingham, AL 35205. The zip code is 35205. This is a single-tenant occupancy building.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1985
Total area 5,068 SF
Lot 0.18 ac (7,740 SF)
Zoning code B1
APN 28-00-06-2-011-007.000
UPID US03-0448642

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm
  • Law Firm

Location

1100 23rd S St Birmingham, AL 35205-2410
Birmingham metro Census 4901 BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$905k
Comparable Approach Comparable
$860k
Blend (final) Blend
$850k

Owner & transaction history

since 2025
Last sale
$675,000
3 recorded transactions
2025
$675,000
2018
$404,000
1994
$240,000

Zoning & alternative use

B1 · Birmingham, AL
Zoning description

Section 1. B-1 Neighborhood Business District. Subsection 1. Generally. The regulations set forth in this Section or set forth elsewhere in this Ordinance, when referred to in this Section, are the regulations in the B-1…

General category COMMERCIAL
Top alternative use upside
Restaurant $1.4M +127.1%
Neighborhood: shopping center $1.4M +124.5%
Apartment house (5+ units) $1.0M +67.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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