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    2001 3Rd Ave S Birmingham, AL 35233
    Property profile & analytics

    2001 3Rd Ave S, Birmingham, AL 35233

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    • Office buildings
    • 478,000 SF
    Redevelopment Opportunity Near UAB For Sale
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    478,000 SF

    Redevelopment Opportunity Near UAB

    Mixed-use property near UAB with redevelopment potential.

    2001 3rd Ave S, Birmingham, AL 35233
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    Property ID
    US03-0728580
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • United Investors Life Insurance Co / Insurance Agency
    • Liberty National Auto Club / Insurance Agency
    • Friends of Rickwood / Charitable Organization / Social Service Agency

    Property Details for 2001 3Rd Ave S

    Year built
    1925
    Property type
    Office buildings
    Property subtype
    Mixed-use properties

    Description

    The Property is Ideally Positioned Adjacent to University of Alabama Birmingham (Uab) Which Directly Employs 28,000 Individuals and Has Generated an $12.1 Billion Economic Impact in the City of Birmingham in 2022. Additionally, Uab Has an Enrollment of 22,500 Students. The Property is Directly Across the Street From the 20 Midtown I, Ii, & Iii Mixed-use Developments, Which Consist of 436 Luxury Apartment Units as Well as Retailers Such as Milo’s Hamburgers, Publix, Chipotle, Starbucks, Cava and Panda Express. The Property Consists of a 16-story (+basement) and a 10-story (+basement and Mezzanine) Building Which Are Connected, Offering a Wide Variety of Redevelopment Opportunities. The Original 11-story Structure Was Constructed in 1925. An Addition Was Completed in 1950’s and a 1/5 Scale Bronze Replica of Lady Liberty Was Placed on Top of the Original Building. This Lady Liberty Now Resides at the Urban Center at Liberty Park. The Property Has Historical Significance in the Area and May Qualify for Both State and Federal Historic Tax Credits. The Property is Located in an Opportunity Zone Year Built: 1925,1953,1968,1972


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Birmingham
    County
    Shelby
    State
    Alabama
    Longitude
    -86.705641
    Latitude
    33.536701
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    More about this property
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