Property profile

1933 Richard Arrington Jr S Blvd Birmingham, AL 35209

OFF-MARKET
Office Spaces
Property ID
US03-0969609
12,665 SF 0.91 ac lot Built 1978
Entity Owned 24-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 2,739-square-foot office space in Birmingham, Alabama, presents a unique opportunity for a single tenant. Located at 1933 Richard Arrington Jr Blvd S, zip code 35209, this ground-level Class C office building offers convenient access to downtown Birmingham and Homewood. The space boasts ample drive-up parking and multiple building entrances for easy accessibility. Previously occupied by a law firm, the layout includes a spacious open area ideal for a classroom or meeting space, complemented by two private offices and a break room. The property features abundant natural light thanks to windows throughout. The space is currently entirely vacant and ready for immediate occupancy. The building's total square footage is 2,739 square feet, previously configured as two suites of 1,595 and 1,265 square feet. The space is well-suited for a variety of professional uses, having previously been utilized for depositions. The lease rate is $14.00 per square foot, inclusive of utilities. This is a fantastic opportunity to secure a well-located, functional office space in a thriving Birmingham neighborhood.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1978
Construction STEEL FRAME
Total area 12,665 SF
Lot 0.91 ac (39,580 SF)
Zoning code B2
APN 28-00-07-2-004-001.000
UPID US03-0969609

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
  • (Bike/Boat/Book/etc) Store Clothing & Fashion Store
  • Alternative Medicine Practice Spa & Massage Center
  • Spa & Massage Center Alternative Medicine Practice
  • Alternative Medicine Practice Spa & Massage Center

Location

1933 Richard Arrington Jr S Blvd Birmingham, AL 35209-1255
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
by Request
Comparable Approach Comparable
$1.44M
Blend (final) Blend
$370k

Owner & transaction history

since 2002
2 recorded transactions
2002
$650,000
1996
$440,000

Zoning & alternative use

B2 · Birmingham, AL
Zoning description

Section 2. B-2 General 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-2 Gener…

General category CIVIC_INSTITUTIONAL

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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