Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3700 Cahaba Bch Rd Birmingham, AL 35242-5225
    Back to Search
    Property profile & analytics

    3700 Cahaba Bch Rd, Birmingham, AL 35242-5225

    View on Map
    • Office buildings
    • 30,029 SF
    • 5.65 lot acres
    Off-Market
    Last Sale May 21, 2024
    $220,000
    Property ID
    US03-1085625
    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

    • Dr. Jill Shelby / Physician
    • Dowanda Pullom / Physician
    • AHR / Employment Agency
    • American Family Care Corporate Office / Corporate Office
    • DBI Properties, LLC / Real Estate Agency

    Property Details for 3700 Cahaba Bch Rd

    Year built
    1976
    Construction
    WOOD
    Lot size
    5.65 lot acres
    Property type
    Office buildings
    APN
    39300001004001
    APU
    39300001004001

    Description

    This exceptional investment opportunity presents a 34,374 square foot Class A retail property, currently serving as the corporate headquarters for American Family Care. Located at 3700 Cahaba Beach Rd, Birmingham, AL 35242, in Shelby County's desirable 280 Corridor, this property boasts a strong, national tenant with a 15-year absolute NNN lease commencing August 1, 2023, and expiring July 31, 2038. This leaves a substantial 13.7 years remaining on the lease term. The lease features annual rent increases tied to the CPI, with a 2% floor and no cap, ensuring consistent income growth. The property's current net operating income (NOI) is $296,111, yielding an attractive 7.21% cap rate at an asking price of $4,107,085 ($119.48 per square foot). The tenant, American Family Care, provides a corporate guarantee, mitigating risk. This single-tenant property offers a secure, long-term investment with significant upside potential. The lease includes a 10-year option, further enhancing the investment's longevity and value. This is a rare opportunity to acquire a high-quality, strategically located asset with a blue-chip tenant in a prime Birmingham market.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Birmingham
    County
    Shelby
    State
    Alabama
    Longitude
    -86.6898
    Latitude
    33.4319
    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
    2023
    $29,366
    $0.00
    $0.00
    $667,400
    -
    $760,490
    $2,576,470
    $3,336,960

    Comparable in this City

    • Value Estimation by Request
      2,800 SF

      400 Riverhill Business Park

      Office buildings
      400 Riverhill Business Park, Birmingham, AL 35242
      View Details
    • Value Estimation
      $1,710,000
      7,884 SF

      1201 Lee Br Ln

      OFFICE BUILDING
      1201 Lee Br Ln, Birmingham, AL 35242-7272
      View Details
    • Value Estimation by Request
      1,504 SF

      Birmingham, AL 35242

      OFFICE BUILDING
      Birmingham, AL 35242
      View Details
    • Value Estimation
      $1,345,000
      10,688 SF

      4958 Valleydale Rd

      OFFICE BUILDING
      4958 Valleydale Rd, Hoover, AL 35242-7722
      View Details
    • Value Estimation by Request
      1,320 SF

      198 Narrows Dr Ste, Unit 105

      OFFICE BUILDING
      198 Narrows Dr Ste, Birmingham, AL 35242-8663
      View Details
    • Value Estimation by Request
      2,339 SF

      Birmingham, AL 35242

      OFFICE BUILDING
      Birmingham, AL 35242
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,453 SF

      Renovated Office Building with Parking

      Shelby County office building with ample parking and recent renovations.
      204 Griffin Park Dr, Birmingham, AL 35242
      View Details
    • $2,730,000

      Birmingham Office Building For Sale

      27,000 SF office building in the heart of Mt Laurel.
      5 Mt Laurel Ave, Birmingham, AL 35242
      View Details
    • Contact for pricing
      3,453 SF

      Renovated Office Building with Parking

      Shelby County office building with ample parking and recent renovations.
      204 Griffin Park Dr, Birmingham, AL 35242
      View Details
    • Contact for pricing
      265,032 SF

      Stabilized Office Portfolio in Birmingham

      Two-building office portfolio along Hwy-280 corridor, 93% leased.
      500 Corporate Pkwy, Birmingham, AL 35242
      View Details
    • $3,350,000

      Birmingham Office Building For Sale

      34,963 SF office building in the heart of Mt Laurel.
      100-200 Croft St, Birmingham, AL 35242
      View Details
    • Contact for pricing

      Managed Office Building

      Professional office asset with on-site property management, offering hands-on oversight for tenants and owners.
      10 Inverness Center Pkwy, Hoover, AL 35242
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,160 SF

      Freestanding Building Near Jefferson State

      2,160 SF freestanding building with high visibility available for lease.
      1 Buckton Rd, Birmingham, AL 35242
      View Details
    • Contact for pricing

      Class A Office Space Available

      Suburban office building in Inverness Center, Birmingham. 1,500-23,364 SF.
      44 Inverness Center Pkwy, Birmingham, AL 35242
      View Details
    • Contact for pricing

      Class A Office Building

      148,877 SF Class A office in Birmingham's Inverness Center.
      Inverness Center Dr, Birmingham, AL 35242
      View Details
    • $14 SF/Yr
      2,800 SF

      Riverhills Executive Office Space

      Prime Birmingham Office, 2800 sq ft
      400 Riverhill Business Park, Birmingham, AL 35242
      View Details
    • Contact for pricing

      Class A Office Space Available

      Class A office building in Inverness Center, Birmingham.
      40 Inverness Center Dr, Birmingham, AL 35242
      View Details
    • Contact for pricing

      Renovated Office Building on Highway

      Modern office space with updated amenities and convenient location.
      1200 Corporate Dr, Birmingham, AL 35242
      View Details
    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.
    3700 Cahaba Bch Rd
    Birmingham, AL 35242-5225
    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
    3700 Cahaba Bch Rd, Birmingham, AL, 35242
    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!