Property profile

221 20th N St Birmingham, AL 35203

OFF-MARKET
Investment properties
Property ID
US03-0559638
15,319 SF 0.1 ac lot Built 1903
Individually Owned 22-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 4,400 square foot office space is ideally situated in Birmingham's Central Business District, at the corner of 20th Street North and Third Avenue North. The single-tenant occupancy offers a first-floor space perfect for a variety of businesses. Its prime location provides unparalleled accessibility to a wealth of amenities, including numerous restaurants such as Bistro 218, Trattoria Zaza, Paramount, Cafe Dupont, and Helen, all within walking distance. This vibrant area offers easy access to a variety of businesses and retail options, enhancing the convenience and appeal of this property. The building also features upper floors and a basement, currently used for storage, which offer potential for flexible use or redevelopment, depending on future tenant needs. The property is classified as both a Creative Office and a Traditional Office, making it suitable for a wide range of business types. Located in Jefferson County, Alabama, with a zip code of 35203, this property presents a unique opportunity in a thriving urban setting. The space is ready for immediate occupancy.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1903
Construction WOOD
Total area 15,319 SF
Lot 0.1 ac (4,500 SF)
Zoning code B4
APN 22-00-36-2-012-008.000
UPID US03-0559638

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

221 20th N St Birmingham, AL 35203-3601
Birmingham metro Census 2701 BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.35M
Blend (final) Blend
$285k

Owner & transaction history

since 2004
2 recorded transactions
2004
$68,500
2004
$68,500

Zoning & alternative use

B4 · Birmingham, AL
Zoning description

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…

General category COMMERCIAL
Top alternative use upside
Retail stores $1.9M +8.4%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 221 20th N St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message