600 Beacon Pkwy West, Birmingham, AL 35209
- Office Spaces
- 42,559 SF
- 13.27 lot acres
Current Use by Public Records
- FedEx Drop Box / Postal Service / Courier Service
- Engineering Design Tech / Engineering Consultant
- Global Star / Advertising Agency / Marketing & Advertising
- Coca-Cola United USD / Corporate Office
- Sign Source / (Bike/Boat/Book/etc) Store / Printing Service
Property Details for 600 Beacon Pkwy West
- Year built
- 1983
- Construction
- STEEL FRAME
- Lot size
- 13.27 lot acres
- Zone code
- R3O&I
- Property type
- Office Spaces
- APN
- 29-00-11-4-007-036.002
- APU
- 2900114007036002
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Apr 22, 2024 | — | Matterhorn Properties LLC | Selina Patel | Warranty Deed | — |
| Dec 3, 2021 | — | Concourse 100 LLC | — | Deed · related | $43.5M · Citi Real Estate Funding |
| Oct 11, 2016 | — | Beacon Ridge LLC | — | Deed · related | $29M · Ubs Ag |
| Jun 27, 2006 | — | Hud | Regions Mortgage | Grant Deed · related | — |
| — | — | Beacon Ridge LLC | — | Deed Of Trust · related | $29M · Ubs Ag |
Description
Beacon Ridge Tower offers exceptional office space in Birmingham's vibrant Midtown area. This 153,000 square foot, full-service building boasts stunning panoramic views of Downtown Birmingham and Homewood from its Red Mountain location. The property offers a variety of suite sizes, ranging from move-in ready spaces starting at 1,500 square feet to full floors of 16,964 square feet, perfect for businesses of all sizes. Amenities include a common area conference room, break room with vending machines, free surface and covered parking, after-hours card access, and on-site maintenance. Its convenient location provides easy access to I-65, US Highway 280, and nearby shopping and dining options, including Publix, Walmart, and Starbucks. The building is ideal for a wide range of businesses, from small startups to established companies, and is particularly well-suited for medical and professional office users. The aggressive full-service lease rate of $16.00 per square foot per year makes this an exceptional value in the Midtown submarket. Built in 1984, the building offers a blend of classic charm and modern convenience. The minimum divisible space is 917 square feet, with a total of 81,524 square feet currently vacant. This is a fantastic opportunity to secure prime office space in a highly desirable location.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $8,235,000
- 6.5%
- $7,600,000
- 7%
- $7,060,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $10,898,000
- AI Estimate
- $4,943,000
Market price range: $3.05M - $14.0MMarket price range: $1.66M - $6.68M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $8,990,000 Current use
- RESTAURANT
- $11,635,000 Change: +29% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $11,505,000 Change: +28% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $8,580,000 Change: -5% Conversion: Moderate
- MEDICAL BUILDING
- $7,575,000 Change: -16% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Birmingham
- County
- Jefferson
- State
- Alabama
- Longitude
- -86.8213
- Latitude
- 33.4779
- CBSA code
- 13820
- CBSA name
- BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
