Property profile

400 Chase Park South Birmingham, AL 35244

FOR SALE
Office buildings
Property ID
US03-1372754
59,552 SF 5.7 ac lot Built 1981
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

Chase Park South, located at 400 Chase Park South in Birmingham, Alabama, 35244, offers exceptional executive office space for lease. This 130,286 square foot building, constructed in 1981 and situated in Jefferson County, provides a variety of options for businesses of all sizes. The property is currently multi-tenant and offers flexible lease terms. Spaces range from a minimum of 588 square feet to a maximum contiguous space of 18,198 square feet, allowing for significant scalability. Currently, there are 18,786 square feet of vacant space immediately available. The building's prime location in Hoover offers easy access to major transportation routes and amenities, making it an ideal location for businesses seeking a prestigious and convenient address. This is a fantastic opportunity to secure high-quality office space in a well-established and desirable business park. The property is classified as an Executive Office building, ensuring a professional and efficient work environment. Interested parties are encouraged to inquire about available space and lease terms. The building's address is easily accessible via major roadways and is conveniently located near various amenities. This is a rare opportunity to secure office space in a highly sought-after location.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1981
Total area 59,552 SF
Lot 5.7 ac (248,336 SF)
APN 104190001001007
UPID US03-1372754

Cap rate & NOI

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

Location

400 Chase Park South Birmingham, AL 35244
Birmingham metro Census 30314 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
$6.45M
Blend (final) Blend
$755k

Owner & transaction history

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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