586 Shades Crest Rd Birmingham, AL 35226
- Office Properties & Spaces
- 5,261 SF
- 1.24 lot acres
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
-
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