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    Property profile & analytics

    586 Shades Crest Rd Birmingham, AL 35226

    • Office Properties & Spaces
    • 5,261 SF
    • 1.24 lot acres
    For Sale
    View listing
    $700,000
    Value Estimation
    Location Intelligence
    Property ID
    US03-3137622
    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.

    Current Use by Public Records

    • Office Properties & Spaces

    Property Details for 586 Shades Crest Rd

    Year built
    1974
    Lot size
    1.24 lot acres
    Property size
    5,261 SF
    Zone code
    C2
    Property type
    Office Properties & Spaces
    APN
    39-00-04-3-001-019.000
    APU
    3900043001019000

    Description

    This prestigious Class A office building, located at 586 Shades Crest Rd, Birmingham, AL 35226, presents a unique investment opportunity. The 3-story, 3,842 square foot building sits on a 1.24-acre lot boasting exceptional mountaintop views, including the renowned Lover's Leap Lookout. Currently, two 1,344 square foot spaces are available for lease or sale, each with a separate entrance on the upper two floors. These executive/traditional/creative office spaces are fully built-out and ready for immediate occupancy. An additional 1,154 square feet of ground floor storage space offers versatile potential. The building was constructed in 1974 and is situated in the desirable Bluff Park submarket. This property offers a blend of history, stunning views, and functional office space, making it an ideal location for discerning businesses. The minimum divisible space is 1,344 square feet, with a maximum contiguous space of 1,344 square feet. A total of 2,688 square feet is currently vacant. Don't miss this chance to own a piece of Birmingham history.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $280,000

    • CAP approach

      CAP return
      Estimation
      6%
      $275,000
      6.5%
      $260,000
      7%
      $240,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $270,000
      Geo Method
      $270,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $250,000
      Retail
      $250,000
      Mixed-Use
      $270,000
      Hospitality
      $245,000
      Educational
      $295,000
      Residential Income
      $290,000
      Energy
      $220,000
      Income-Based Land
      $290,000
      Food Service
      $245,000

    Location Insight

    • Map
    • Local Demand
    City
    Hoover
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.8574
    Latitude
    33.4117
    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
    $5,512
    $21,060
    $66,860
    $87,920
    -
    $105,300
    $334,300
    $439,600

    Comparable in this City

    • Value Estimation by Request
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      Land • 0.60 Acres
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    • Value Estimation by Request
      28,844 SF

      100 Century S Park

      OFFICE (GENERAL) • 28,844 SF
      100 Century S Park, Birmingham, AL 35226-3949
      View Details
    • Value Estimation by Request
      3,276 SF

      2736 Tyler Rd

      OFFICE (GENERAL) • 3,276 SF
      2736 Tyler Rd, Vestavia, AL 35226-3902
      View Details
    • Value Estimation
      $470,000
      1,824 SF

      1169 Alford Ave

      OFFICE (GENERAL) • 1,824 SF
      1169 Alford Ave, Hoover, AL 35226-1955
      View Details
    • Value Estimation
      $325,000
      2,064 SF

      584 Shades Crst Rd

      OFFICE (GENERAL) • 2,064 SF
      584 Shades Crst Rd, Hoover, AL 35226-1204
      View Details
    • Value Estimation
      $760,000
      39,610 SF

      450 Century S Park

      OFFICE (GENERAL) • 39,610 SF
      450 Century S Park, Birmingham, AL 35226-3941
      View Details

    Similar Nearby for Sale

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      Shades Crest Office Building For Sale

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      586 Shades Crest Rd, Birmingham, AL 35226
      View Details
    • $225,000
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      Hoover Office Land: Prime Location

      0.6-acre lot near Shades Mountain Plaza. High traffic, high-income area.
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      Hoover Condominium Near Amenities

      Condominium in Hoover, Alabama, near shopping, dining, and schools.
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      New Townhome Near Moss Rock

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    Similar Nearby for Lease

    • $32 SF/Yr
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      Prime Hoover Executive Office Space

      4,500 SF Freestanding Office, 20 Parking Spaces
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    • Contact for pricing

      Freestanding Retail with Drive Thru

      High-visibility retail space with drive-thru near I-65.
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      Retail Space in Grove Shopping Center

      Retail outparcel available in Hoover, Alabama's Grove Shopping Center.
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    • Contact for pricing
      4,000 SF

      Restaurant/Retail Space For Rent

      Recently renovated restaurant/retail space with ample parking.
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      View Details
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    Birmingham, AL 35226
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    Realmo Value Estimation

    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.

    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.

    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
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