Property profile

1801 5th N Ave Birmingham, AL 35203

OFF-MARKET
Banks
Property ID
US03-0880255
15,141 SF 0.69 ac lot Built 1930
Entity Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional Class A executive office space, located in the heart of Birmingham, Alabama, at 1801 Fifth Avenue North, offers a unique opportunity to lease a prestigious and recently renovated space within the historic Federal Reserve building. The building boasts a total of 89,642 square feet, with 3,857 square feet currently available for lease. This immediately available space is perfect for a discerning business seeking a high-profile address in a prime location. The property features on-site surface parking for added convenience. The building has undergone a complete Class A+ renovation, ensuring modern amenities and a sophisticated atmosphere. The property is situated in Jefferson County, Alabama, zip code 35203, and is ideal for businesses requiring multiple tenancies. The building's rich history and prime location combine to create an unparalleled opportunity for businesses seeking a sophisticated and functional workspace. The available space is ready for immediate occupancy, offering a seamless transition for your business operations. This is a rare opportunity to secure a prominent location in a landmark building, offering both prestige and practicality. Contact us today to schedule a viewing and explore the possibilities of establishing your business in this remarkable property.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1930
Total area 15,141 SF
Lot 0.69 ac (30,160 SF)
Zoning code B4
APN 22-00-36-2-027-004.000
UPID US03-0880255

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
  • Gym & Fitness Center
  • Law Firm Insurance Agency
  • Logistics Company Freight Service
  • Bank Loan Service

Location

1801 5th N Ave Birmingham, AL 35203-2104
Birmingham metro Census 2701 BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.44M

Owner & transaction history

since 2024
Last sale
$1,000
7 recorded transactions
2024
$1,000
2024
$1,000
2024
$1.6M
2014
$1.4M
2013
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

B4 · Birmingham, AL
Zoning description

Ordinance, when referred to in this Section, are the regulations in the B-4 Central Business District. Subsection 2. Use regulations. The use regulations are the same as those in the B-3 Community Business District. Subs…

General category COMMERCIAL
Top alternative use upside
Apartment house (5+ units) $3.1M +18.8%
Medical building $2.7M +4.9%

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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