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Property profile & analytics
FOR LEASE
Office Spaces

600 Beacon Pkwy West Birmingham, AL 35209

42,559 SF 13.27 ac lot Built 1983
Entity Owned 2-yr Hold Free & Clear
Property ID
US03-0572125
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1983
Construction STEEL FRAME
Total area 42,559 SF
Lot 13.27 ac (578,041 SF)
Zoning code R3O&I
APN 29-00-11-4-007-036.002
UPID US03-0572125
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
Current use
Occupant on record · 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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$7.60M
Comparable Approach Comparable
$10.90M
Blend (final) Blend
$7.82M
Owner & transaction history
Matterhorn Properties LLC · 2 yrs held
Matterhorn Properties LLC
since 2024
5 recorded transactions
2024
Price N/A
2021
Price N/A
2016
Price N/A
2006
Price N/A
1969
Price N/A
Zoning & alternative use
R3O&I · Birmingham, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Planning/Zoning (MapServer)
Top alternative use upside
Restaurant $11.6M +29.4%
Neighborhood: shopping center $11.5M +28.0%
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