Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    301 Beacon Pkwy W Birmingham, AL 35209

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    301 Beacon Pkwy W Birmingham, AL 35209

    View on Map
    • Office properties & Spaces
    • 30,684 SF
    • 2.44 lot acres
    For Sale
    $1,345,000
    View Listing →
    Updated Office Building For Sale For Sale
    $1,345,000
    30,000 SF

    Updated Office Building For Sale

    Recently updated office building with easy access to I-65.

    301 Beacon Pkwy W, Birmingham, AL 35209
    View Listing
    Property ID
    US03-0558867
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Chavez Law Firm / Law Firm
    • Wodl / Radio Station / Telecommunications Service
    • Chuck Bradford, Dreamtree Realty / Real Estate Agency
    • Wezn Am / Medical Clinic
    • Revive Suboxone Clinic Birmingham, AL / Rehabilitation Center / Health Counselor

    Property Details for 301 Beacon Pkwy W

    Year built
    1976
    Lot size
    2.44 lot acres
    Property size
    30,684 SF
    Zone code
    O&I
    Property type
    Office properties & Spaces
    APN
    29-00-14-2-005-003.000
    APU
    2900142005003000

    Description

    This two-story, 30,000 square foot Class B office building, situated on a 2.39-acre lot in Birmingham, Alabama, presents a compelling owner-user or investment opportunity. Built in 1976 and extensively renovated in 2013, the property boasts 28,000 square feet of net rentable space currently 50% occupied by five tenants. The building features 128 parking spaces and is conveniently located near I-65, providing easy access to the Birmingham Metro area. The property is zoned O-I and includes modern amenities such as excellent server rooms, breakout/collaboration spaces, and an open floor plan, making it ideal for a tech-friendly business. This is a single-building property with a multi-tenant occupancy and no ground lease. The building's features cater to various office subtypes, including creative, executive, and traditional office spaces. The sale offers a below-replacement-cost opportunity for an individual or private owner. No lease options are currently available. The property has no tenant credit rating.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,199,000
      Market price range: $1.20M - $4.82M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Birmingham
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.8227
    Latitude
    33.4738
    CBSA code
    13820
    CBSA name
    BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $18,031
    $117,020
    $182,420
    $299,440
    -
    $585,100
    $912,100
    $1,497,200

    Comparable in this City

    • Value Estimation by Request
      17,012 SF

      2100 Southbridge Pkwy

      Office Units • 17,012 SF
      2100 Southbridge Pkwy, Birmingham, AL 35209
      View Details
    • Value Estimation
      $1,300,000
      2,955 SF

      1824 28th S Ave

      OFFICE (GENERAL) • 2,955 SF
      1824 28th S Ave, Birmingham, AL 35209-2606
      View Details
    • Value Estimation
      $23,185,000
      156,106 SF

      2204 Lakeshore Dr

      OFFICE (GENERAL) • 156,106 SF
      2204 Lakeshore Dr, Birmingham, AL 35209-6729
      View Details
    • Value Estimation by Request
      2,112 SF

      2714 19th S Pl

      OFFICE (GENERAL) • 2,112 SF
      2714 19th S Pl, Birmingham, AL 35209-1920
      View Details
    • Value Estimation
      $1,575,000
      2,421 SF

      2727 19th S Pl

      OFFICE (GENERAL) • 2,421 SF
      2727 19th S Pl, Birmingham, AL 35209-1919
      View Details
    • Value Estimation
      $510,000
      2,800 SF

      2717 19th S Pl

      OFFICE (GENERAL) • 2,800 SF
      2717 19th S Pl, Birmingham, AL 35209-1919
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      10,824 SF

      Midtown Office/Medical Building For Sale

      Two-story, 10,824 SF office/medical building in the Midtown market.
      3512 Old Montgomery Hwy, Birmingham, AL 35209
      View Details
    • Contact for pricing
      30,000 SF

      Updated Office Building For Sale

      Recently updated office building with easy access to I-65.
      301 Beacon Pkwy W, Birmingham, AL 35209
      View Details
    • $2,100,000

      Renovated Multi-Tenant Homewood Investment

      Fully renovated multi-tenant building in prime Homewood location.
      1625 Oxmoor Rd, Homewood, AL 35209
      View Details
    • $1,899,000

      Two-Story Office Building For Sale

      Two-story office building with city views and ample parking.
      500 Beacon Pkwy, Birmingham, AL 35209
      View Details
    • Contact for pricing

      Homewood Office Building For Sale

      Office building in Homewood, Alabama with private parking.
      3000 Crescent Ave, Homewood, AL 35209
      View Details
    • $1,100,000
      3,316 SF

      Renovated Retail/Office Space with Storage

      Renovated retail/office space with large storage and parking.
      194 Green Springs Hwy, Birmingham, AL 35209
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Office Space Available For Lease

      Office space for lease at 2200 Woodcrest Pl, Birmingham, AL
      2200 Woodcrest Pl, Birmingham, AL 35209
      View Details
    • Contact for pricing
      77,367 SF

      Crescent Centre Flex Space Available

      Homewood, AL Flex Space - 2,524 SF
      211 Summit Pkwy, Birmingham, AL 35209
      View Details
    • Contact for pricing

      Office Space on Shades Creek

      Office space available for lease on Shades Creek Parkway.
      813 Shades Creek Pkwy, Birmingham, AL 35209
      View Details
    • Contact for pricing

      Office Space For Lease

      Office space available for lease in Birmingham, Alabama.
      651 Beacon Pkwy W, Birmingham, AL 35209
      View Details
    • Contact for pricing

      Office Spaces Available For Rent

      Office spaces ranging from 873 to 9,786 SqFt available.
      800 Shades Creek Pkwy, Birmingham, AL 35209
      View Details
    • Contact for pricing

      Flexible Workspace Solutions Available

      Global network of workspaces with flexible terms and customizable options.
      2100 Southbridge Pkwy, Mountain Brook, AL 35209
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    301 Beacon Pkwy W
    Birmingham, AL 35209
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    301 Beacon Pkwy W, Birmingham, AL, 35209

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!