Financial
Distress signals
Property profile

600 Lakeshore Pkwy Birmingham, AL 35209

FOR LEASE
Medical Office Space
View Listing
Property ID
US03-0983536
18,092 SF 2.78 ac lot Built 1994
Last sale Jun 2017 · $780,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$29k
Tax billed · 2022
Assessed value · 2023$409k
Assessed land$68k
Assessed improvement$341k
Effective rate7.03%

Value estimate

· Sep 2026
$420k
$378k – $462k
Submarket $/SF estimate$2.03M
NOI build-up
Gross scheduled income$107k
Vacancy & credit loss−$9k
Operating expenses−$29k
NOI · 309,218.18% cap applied$68k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$178/SF
Submarket average, outlier-cleaned · 78 recorded sales of this use type
Observed band · Q1–Q3$69 – $250

Cap rate analysis

How does the asset earn?
309,218.18%
$68k 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?
QM1
The purpose of Q1 Qualified District is to provide for the regulation of commercial, manufacturing or residential uses of land and struct...
General categoryINDUSTRIAL
JurisdictionJEFFERSON

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant16.1
Hair Salon14.3
Spa & Massage13.5

Location

600 Lakeshore Pkwy Birmingham, AL 35209
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1628 29th S, Birmingham, AL 35209-2417 $1,150,000 Feb 2021 5,861 SF
3402 Old Montgomery, Birmingham, AL 35209 $14,255,000 Jul 2020 30,565 SF
3106 Independence, Birmingham, AL 35209-4112 $1,850,000 Apr 2020 11,527 SF
3489 Independence, Birmingham, AL 35209-8311 $14,255,000 Dec 2018 12,753 SF
3501 Independence, Birmingham, AL 35209-5714 $3,400,000 Dec 2018 13,222 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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