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    Property profile & analytics

    115 Ofc Park Dr Mountain Brk, AL 35223-2421

    • Office Properties & Spaces
    • 37,213 SF
    • 2.10 lot acres
    OFF-MARKET
    Value Estimation
    $755,000
    Location Intelligence
    Property ID
    US03-0775723
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office Properties & Spaces

    Property Details for 115 Ofc Park Dr

    Year built
    1969
    Construction
    CONCRETE
    Lot size
    2.10 lot acres
    Property size
    37,213 SF
    Zone code
    OP
    Property type
    Office Properties & Spaces
    APN
    28-00-08-3-006-023.000
    APU
    2800083006023000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $715,000

    • CAP approach

      CAP return
      Estimation
      6%
      $885,000
      6.5%
      $910,000
      7%
      $1,055,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,060,000
      Geo Method
      $1,080,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $890,000
      Retail
      $1,070,000
      Mixed-Use
      $920,000
      Hospitality
      $830,000
      Educational
      $810,000
      Residential Income
      $995,000
      Energy
      $1,035,000
      Income-Based Land
      $975,000
      Food Service
      $945,000

    Location Insight

    • Map
    • Local Demand
    City
    Mountain Brk
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.7751
    Latitude
    33.478
    CBSA code
    13820
    CBSA name
    BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $52,935
    $146,360
    $439,180
    $585,540
    -
    $1,463,600
    $4,391,800
    $5,855,400

    Comparable in this City

    • Value Estimation by Request
      23,234 SF

      2 Ofc Park Cir

      OFFICE (GENERAL) • 23,234 SF
      2 Ofc Park Cir, Mountain Brk, AL 35223-2509
      View Details
    • Value Estimation
      $565,000
      18,504 SF

      12 Ofc Park Cir

      OFFICE (GENERAL) • 18,504 SF
      12 Ofc Park Cir, Mountain Brk, AL 35223-2521
      View Details
    • Value Estimation
      $805,000
      44,772 SF

      110 Ofc Park Dr

      OFFICE (GENERAL) • 44,772 SF
      110 Ofc Park Dr, Mountain Brk, AL 35223-3403
      View Details
    • Value Estimation
      $555,000
      10,373 SF

      510 Ofc Park Dr

      OFFICE (GENERAL) • 10,373 SF
      510 Ofc Park Dr, Mountain Brk, AL 35223-2414
      View Details
    • Value Estimation
      $1,740,000
      48,068 SF

      201 Ofc Park Dr

      OFFICE (GENERAL) • 48,068 SF
      201 Ofc Park Dr, Mountain Brk, AL 35223-2424
      View Details
    • Value Estimation by Request
      62,073 SF

      500 Office Park Dr

      Office buildings • 62,073 SF
      500 Office Park Dr, Mountain Brook, AL 35223
      View Details

    Similar Nearby for Sale

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      Residential Homesites in Mountain Brook

      New neighborhood of 14 homesites in Mountain Brook Village.
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      Mountain Brook Homesites for Sale

      New neighborhood of 14 homesites in Mountain Brook Village.
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      Residential Lots in Mountain Brook

      Homesites available in Mountain Brook Village's newest neighborhood.
      11 Chester Ct, Mountain Brook, AL 35223
      View Details
    • $1,050,000

      Land For Sale

      Land available in Mountain Brook, Alabama.
      2255 Chester Rd, Mountain Brook, AL 35223
      View Details
    • $750,000
      2.79 Acres

      Land in New Shook Hill

      2.79 acre lot in a peaceful Mountain Brook neighborhood.
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    Similar Nearby for Lease

    • Contact for pricing
      70,000 SF

      Prime Birmingham Executive Office Space

      70,000 SF Office Building, 16,120 SF Available
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      View Details
    • $26 SF/Yr
      5,253 SF

      Mountain Brook Office Space For Lease

      Prime Office Building, 5,253 sq ft, Ample Parking
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      View Details
    • $40 SF/Yr
      310,000 SF

      Protective Center Office Space

      Midtown Birmingham Office - 30,000 - 100,000 SF
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      View Details
    • $23 SF/Yr
      62,073 SF

      Mountain Brook Office Park Investment

      Prime Office Space, Mountain Brook, Alabama. Ample Parking.
      500 Office Park Dr, Mountain Brook, AL 35223
      View Details
    • Contact for pricing

      Retail Space in Mountain Brook

      Retail space with frontage on Montevallo Road in Birmingham.
      2409 Montevallo Rd, Birmingham, AL 35223
      View Details
    • Contact for pricing
      4,031 SF

      Retail Space in Mountain Brook

      Retail space available in the heart of Mountain Brook Village.
      2701 Cahaba Rd, Mountain Brook, AL 35223
      View Details
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    Mountain Brk, AL 35223-2421
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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