3980 Colonnade Pkwy Birmingham, AL 35243-2382
Property profile & analytics
3980 Colonnade Pkwy, Birmingham, AL 35243-2382
- Medical Office Space
- 118,795 SF
- 4.28 lot acres
Property ID
US03-1868405
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.
Location Intelligence
Current Use by Public Records
- Robert Brock, MD, FACC / Physician
- Chris Lucas, MSN, CRNP / Registered General Nurse
- Ann Elliott / Physician
- Deborah Riemer / Physician
- Saema Mirza, MD / Physician
Property Details for 3980 Colonnade Pkwy
- Year built
- 2012
- Lot size
- 4.28 lot acres
- Zone code
- B2
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 28-00-27-4-001-001.008
- APU
- 2800274001001008
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jun 2, 2023 | $28,000,000 | Doc 3980 Colonnade Parkway Mob Inve | Cva Birmingham Mob1 LLC | Warranty Deed | — |
| Jun 1, 2023 | $27,000,000 | Cva Birmingham Mob1 LLC | Avc Building Group LLC | Warranty Deed | — |
| Jun 1, 2023 | — | Avc Building Group LLC | Medical Clinic Board Of City Of Bir | Warranty Deed | — |
| Dec 22, 2010 | — | Medical Clinic Bd Of City Of B | Owner Name Unavailable | Grant Deed · related | — |
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $22,430,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $25,090,000
- 6.5%
- $23,160,000
- 7%
- $21,505,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $18,428,000
Market price range: $8.18M - $29.7M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $21,145,000 Current use
- RESTAURANT
- $32,480,000 Change: +54% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $32,115,000 Change: +52% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $23,950,000 Change: +13% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $20,825,000 Change: -2% Conversion: Easy
- OFFICE BUILDING
- $19,865,000 Change: -6% Conversion: Easy
- AUTO REPAIR, GARAGE
- $19,125,000 Change: -10% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Birmingham
- County
- Jefferson
- State
- Alabama
- Longitude
- -86.734
- Latitude
- 33.4364
- 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
$320,306
$335,440
$3,839,860
$4,175,300
-
$1,677,200
$19,199,300
$20,876,500