1972 Gadsden Hwy Birmingham, AL 35235
- Office Properties & Spaces
- 17,127 SF
- 1.88 lot acres
Current Use by Public Records
- US Social Security Administration / Social Security Office
Property Details for 1972 Gadsden Hwy
- Year built
- 2004
- Lot size
- 1.88 lot acres
- Property size
- 17,127 SF
- Zone code
- CP
- Property type
- Office Properties & Spaces
- APN
- 12-00-27-4-002-008.003
- APU
- 1200274002008003
Description
This exceptional 16,684 square foot office building, constructed in 2004, sits on a 1.88-acre lot at 1972 Gadsden Highway in Birmingham, Alabama, zip code 35235. The property offers a single-tenant occupancy opportunity with ample parking for 92 vehicles. Currently, a portion of the building is occupied by the Social Security Administration, which recently reduced its footprint, creating this leasing opportunity. The building is ideally situated along the busy Gadsden Highway (US 11), within Trussville's vibrant retail core. This prime location offers excellent visibility and accessibility, with nearby major retailers including Target, Academy Sports, Home Depot, At Home, Belk, Petco, and Aldi. The landlord is offering a turnkey build-out for leases ranging from five to seven years. This presents a unique chance to establish a presence in a high-traffic area with strong surrounding businesses. The property is classified as a traditional office building.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $495,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $705,000
- 6.5%
- $605,000
- 7%
- $715,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $540,000
- Geo Method
- $595,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $710,000
- Retail
- $675,000
- Mixed-Use
- $655,000
- Hospitality
- $580,000
- Educational
- $730,000
- Residential Income
- $675,000
- Energy
- $655,000
- Income-Based Land
- $770,000
- Food Service
- $760,000
Location Insight
- Map
- Local Demand
- City
- Birmingham
- County
- Jefferson
- State
- Alabama
- Longitude
- -86.6268
- Latitude
- 33.612
- CBSA code
- 13820
- CBSA name
- BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA