Technical
Financial
Distress signals
Property profile

7 Huddle Dr Birmingham, AL 35242

FOR LEASE
Medical Office Space
Property ID
US03-0416915
6,120 SF 2.54 ac lot Built 1988
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 7,200 square foot Class A executive office building, constructed and fully renovated in 2018, presents a unique investment opportunity in Birmingham, Alabama. Situated on a 2.59-acre lot at the highly visible intersection of Highway 280 and Highway 119, this property boasts significant frontage on Highway 119, a road with a daily traffic count of 19,637 vehicles. Its strategic location offers unparalleled visibility and accessibility. The building is directly across Highway 119 from Brookwood Freestanding ER and just one minute from St. Vincent's 119, placing it within a thriving medical corridor. Furthermore, its proximity to Grandview Medical Center (only 3 miles away) and the numerous restaurants, shops, and businesses along the Highway 280 corridor ensures high convenience and desirability. Ample parking is available for tenants and visitors. This property is for sale and represents a compelling investment in a prime Birmingham location. The building's modern design and recent renovation ensure immediate occupancy and operational efficiency. The high traffic count and strategic location make this an ideal opportunity for a variety of businesses seeking a prominent presence in a rapidly growing area.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1988
Total area 6,120 SF
Lot 2.54 ac (110,642 SF)
APN 39320001006005
UPID US03-0416915

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Pediatrician Physician

Location

7 Huddle Dr Birmingham, AL 35242
Birmingham metro Census 30221 BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$445k

Owner & transaction history

since 2018
5 recorded transactions
2018
$1.2M
2015
$465,000
2014
$673,687
2007
$203,444
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $1.7M +53.6%
Neighborhood: shopping center $1.7M +51.9%
Apartment house (5+ units) $1.2M +13.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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