2021 Kentucky Ave Vestavia Hills, AL 35216-1905
This 2,400 square foot vacant medical office building is located at 2021 Kentucky Avenue in Birmingham, Alabama, zip code 35216. The property is situated in Vestavia Hills, a high-income area with an average household income exceeding $115,000 within a 5-mile radius. Priced at $650,000 ($270.83 per square foot), this single-tenant building offers an excellent owner/user opportunity. Previously a successful veterinary clinic, it boasts a history of medical use and is ideally suited for a similar tenant. Alternatively, its zoning allows for retail use. The building offers convenient access to Highway 31 (Montgomery Highway), experiencing over 36,000 vehicles daily, and includes 18 on-site parking spaces. This presents a turnkey solution for a new medical practice or a retail business seeking a high-visibility location in a thriving community. The property is 0.13 miles from Highway 31. This is a rare opportunity to acquire a well-located, established medical building in a strong market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B2 · Vestavia Hills, ALVestavia Hills. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.