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Property profile & analytics
FOR SALE
Office Spaces

4100 Colonnade Pkwy Birmingham, AL 35243

24,782 SF 1.78 ac lot Built 1990
Entity Owned 8-yr Hold Free & Clear
Property ID
US03-1016297
Property summary
AI-generated overview

This exceptional Class A, 22,850-square-foot industrial property, located at 4100 Colonnade Parkway in Birmingham, Alabama, presents a unique owner-user opportunity. Situated in the highly desirable Highway 280/I-459 corridor, this mixed-use building offers a blend of office, flex, and warehouse space, ideal for a variety of businesses. Its prime location within the Colonnade Development, one of Alabama's most sought-after office parks, provides excellent visibility and accessibility. The property's design is versatile, featuring ample storage, convenient drive-up doors, and an exterior loading dock, ensuring easy handling of large equipment or supplies. The interior is configured as an office/flex building, suitable for various professional uses. Furthermore, the building has the potential to be divided into three separate suites, offering flexibility for future expansion or multi-tenant occupancy. The asking price is $3,950,000, translating to $172.87 per square foot. Its proximity to Grandview Medical Center makes it particularly attractive to medical-related businesses. This property represents a rare chance to acquire a high-quality, strategically located asset in a thriving market. Jefferson County, AL zip code 35243.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1990
Construction STEEL FRAME
Total area 24,782 SF
Lot 1.78 ac (77,363 SF)
Zoning code B2
APN 28-00-27-4-001-001.004
UPID US03-1016297
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$4.43M
Comparable Approach Comparable
$3.85M
Blend (final) Blend
$3.60M
Owner & transaction history
Colonnade Office Properties LLC · 8 yrs held
Colonnade Office Properties LLC
since 2018
3 recorded transactions
2025
Price N/A
2018
$3.9M
2002
Price N/A
Zoning & alternative use
B2 · Birmingham, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units) $5.0M +15.0%
Medical building $4.4M +1.5%
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More about this property
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