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409 Richard Arrington Jr Blvd Birmingham, AL 35233

OFF-MARKET Retail properties & Spaces Google Maps
9,000 SF
Entity Owned 3-yr Hold
Estimated value
No estimation on file for this property yet.
Property ID US03-0728117

Property summary

AI-generated overview

This exceptional 9,000 square foot office space in downtown Birmingham, Alabama, is available for lease. Located at 409 Richard Arrington Jr Blvd S, zip code 35233, this property offers a unique opportunity for businesses seeking a vibrant and convenient location. The space is currently entirely vacant and can be leased as a single unit or potentially subdivided to a minimum of 1,000 square feet, offering flexibility for various business needs. The property is classified as both Creative Office and Coworking space, making it suitable for a wide range of tenants. Its prime location places it in the heart of downtown Birmingham, directly benefiting from the energy and activity of the surrounding area. The building offers onsite parking for added convenience. This property is situated near the University of Alabama at Birmingham and just one block from 20 Midtown, a thriving mixed-use development featuring popular retailers such as Publix, Starbucks, Milo's, and CAVA. This strategic location provides excellent visibility and accessibility, making it an ideal choice for businesses seeking a high-profile address in a dynamic urban setting. The property type is listed as Office and Retail, suggesting potential for diverse uses. The total building size is 9,000 square feet, with a minimum leasable area of 1,000 square feet.

Property profile

Verified
Property type Retail properties & Spaces
Total area 9,000 SF
UPID US03-0728117

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Crisis Center Social Service Agency
  • Construction Company General Contractor

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2022
4 recorded transactions
2022
$1.2M
2020
Price N/A
2020
Price N/A
2017
Price N/A

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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