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Financial
Distress signals
Property profile

600 20Th St N Birmingham, AL 35203

FOR LEASE
Office Spaces
Property ID
US03-0334643
22,587 SF 0.22 ac lot Built 1948
Last sale Mar 2025 · $2,925,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The Land Title Building, located at 600 20th Street North in Birmingham, Alabama, offers exceptional office space in a prime Jefferson County location. This Class A building boasts a total of 31,000 square feet, with multiple tenancy options available. Suites range from a minimum of 800 square feet to a maximum contiguous space of 7,687 square feet, providing flexibility for businesses of various sizes. Currently, 10,087 square feet of space is vacant and ready for immediate occupancy. The…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$25k
Tax billed · 2022
Assessed value · 2023$488k
Assessed land$40k
Assessed improvement$448k
Effective rate5.22%

Value estimate

· Oct 2026
$2.39M
$2.15M – $2.62M
AI approach$2.31M
Submarket $/SF estimate$3.73M
NOI build-up
Gross scheduled income$450k
Vacancy & credit loss−$97k
Operating expenses−$88k
NOI · 1,556,770.59% cap applied$265k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$113/SF
ZIP average, outlier-cleaned · 66 recorded sales of this use type
Observed band · Q1–Q3$43 – $165
Qualifying comparables5

Cap rate analysis

How does the asset earn?
1,556,770.59%
$265k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B4
Ordinance, when referred to in this Section, are the regulations in the B-4 Central Business District. Subsection 2. Use regulations. The...
General categoryCOMMERCIAL
JurisdictionJEFFERSON

Location intelligence

Which uses thrive at this corner?
Best fit: Laundry Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundry Service9.2
Locksmith9.2
Watch Repair Shop8.8

Location

600 20Th St N Birmingham, AL 35203
County assessor Recorded deeds · 4 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2014 Morris, Birmingham, AL 35203-4108 $1,500,000 Jun 2025 12,113 SF
109 20th N, Birmingham, AL 35203-3603 $1,459,441 Sep 2024 12,000 SF
2625 2nd N, Birmingham, AL 35203-3902 $2,150,000 May 2023 23,333 SF
2021 2nd N, Birmingham, AL 35203-3703 $1,875,000 Feb 2023 21,000 SF
2125 Morris, Birmingham, AL 35203-4209 $1,550,000 Dec 2021 16,400 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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