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2120 16Th Ave S Birmingham, AL 35205

Office Spaces Google Maps
15,168 SF 0.37 ac lot Built 1987
Entity Owned 2-yr Hold Free & Clear
Estimated value (blended)
$1.92M
Range $1.73M – $2.11M (±10%)
Property ID US03-0371382

Property summary

AI-generated overview

This exceptional Class A office building, the Southpoint Executive Center, offers multiple tenancy options in a prime Birmingham, Alabama location. Situated at 2120 16th Ave S, 35205, this three-story building boasts a total of 15,699 square feet, with 7,196 square feet currently available for lease. The building features two high-speed elevators for convenient access to all three floors. Ample parking is provided with 45 spaces. The property is ideally situated between downtown Birmingham, Homewood, Mountain Brook, and Highland Park, offering excellent accessibility and visibility. Currently, there are two available spaces ranging from 1,500 to 5,696 square feet. One space, located on the second floor, presents an open floor plan, perfect for customization. This adaptable space includes three private offices, a dedicated conference room, a convenient break room, and ample storage closets. The building's traditional office layout is complemented by its suitability for executive and creative office uses. This is a rare opportunity to secure high-quality office space in a highly desirable Birmingham location. Contact us today to schedule a viewing and explore the possibilities.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1987
Construction STEEL FRAME
Total area 15,168 SF
Lot 0.37 ac (16,320 SF)
Zoning code B2
APN 28-00-06-3-016-014.000
UPID US03-0371382

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
  • Loan Service Bank
  • Home Health Care Service
  • Charitable Organization Social Service Agency
  • Telecommunications Service

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.92M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.57M
Blend (final) Blend
$1.92M

Owner & transaction history

since 2024
Last sale
$1.9M
2 recorded transactions
2024
$1.9M
1969
Price N/A

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
Top alternative use upside
Apartment house (5+ units) $3.1M +67.5%
Medical building $2.7M +47.8%
Office building $2.5M +38.9%

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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