Property profile

213 1st N St Alabaster, AL 35007

OFF-MARKET
Office buildings
Property ID
US03-0706541
3,756 SF 0.25 ac lot Built 1970
Individually Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This renovated 1970 building, formerly the Alabaster Water Board, offers 1,831 square feet of immediately available office space at 213 1st St N, Alabaster, AL 35007. Located in the Alabaster submarket, this Class C property features a convenient location with easy highway access via Hwy 31. The building, situated on 0.258 acres, boasts a total of 3,756 square feet, divided into two suites. Suite B, the available space, occupies the first floor and offers ample parking with 18 spaces shared between the two suites. The building has two separate entrances, including a designated employee entrance and a main entrance leading to the reception and office area. The suite features a 9-foot ceiling height and is part of a two-story building. The property is zoned B-3 and has a convenient cross street access via 2nd Place NW. The building underwent renovations in 2014. This space is ideal for growing businesses seeking a functional and accessible office environment in a prime Alabaster location. The property is suitable for traditional office use or coworking arrangements. The APN is 13-7-35-4-402-006.000. No elevators are present.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1970
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,756 SF
Lot 0.25 ac (11,100 SF)
APN 137354402006000
UPID US03-0706541

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
  • Atm

Location

213 1st N St Alabaster, AL 35007-8767
Alabaster metro Census 30319 BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$420k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$420k

Owner & transaction history

since 2024
Last sale
$421,495
1 recorded transaction
2024
$421,495

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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