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Property summary
Located in the heart of Birmingham's legal and financial district, Renasant Place offers a diverse range of office spaces, perfect for businesses of all sizes. This Class A, 15-story building, totaling 284,189 square feet, underwent a complete renovation in 2022. The property boasts flexible space options, ranging from a minimum of 1,000 square feet to a maximum contiguous space of 60,000 square feet, accommodating businesses with varying needs. Situated on a 1.09-acre lot at the southwest corner of Park Place North and 20th Street, it provides convenient access to major highways including I-20/59, I-65, and the Red Mountain Expressway. Its central location places it within walking distance of key city landmarks such as City Hall, the Jefferson County Courthouse, the Tutwiler Hotel, the Library, the Museum of Art, and Uptown. Building amenities include 24-hour security, on-site proactive management, tenant conference and training rooms, a virtual grab-n-go cantina, a tenant breakroom, on-site storage, a fitness facility, and a tenant recreation area with outdoor seating. With 343 parking spaces and elevators, this property offers unparalleled convenience and accessibility. The building is available for multiple tenancies. This exceptional location and comprehensive amenities make Renasant Place an ideal choice for businesses seeking a prestigious and functional office space in the vibrant city of Birmingham, Alabama. The building was originally constructed in 1981.
Property profile
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store
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Law Firm
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Law Firm
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Law Firm Insurance Agency
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Law Firm
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Derived from the Birmingham market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
B4 · Birmingham, ALOrdinance, 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…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
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…
What can be built and operated here — officially.
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