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Rare Office + Parking Lot Porfolio 2127 1st Ave N 10,000 SF Vacant Office Building Birmingham, AL 35203 $2,500,000 ($250/SF)
Investment Highlights
- Building is vacant
- Walk Score: 93
- Perfect for End User/Owner Occupier
Executive Summary
Size: 10,000 Square Feet plus additional gated parking lot on Morris Avenue with 16 parking spaces
Sale Price: $2.75 Million ($275/SF)
Property is available in a portfolio with 2121 First Avenue North
Lease Rate: $24.00 per square foot NNN
Perfect for End User/Owner Occupant
Building is Vacant
Built in 1924; Renovated 2017-2018
Zoning: B4
Centrally located on First Avenue North with easy highway/interstate access
Walk Score: 93 - Walker's Paradise - Walking distance to all of the downtown core and nearby retail/restaurants
Sale Price: $2.75 Million ($275/SF)
Property is available in a portfolio with 2121 First Avenue North
Lease Rate: $24.00 per square foot NNN
Perfect for End User/Owner Occupant
Building is Vacant
Built in 1924; Renovated 2017-2018
Zoning: B4
Centrally located on First Avenue North with easy highway/interstate access
Walk Score: 93 - Walker's Paradise - Walking distance to all of the downtown core and nearby retail/restaurants
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
10,000 SF
Building Class
C
Year Built/Renovated
1924/2018
Price
$2,500,000
Price Per SF
$250
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
10,000 SF
Slab To Slab
13’
Building FAR
1.00
Lot Size
0.23 AC
Opportunity Zone
Yes
Zoning
B4 - Business-residential, CBD
Parking
16 Spaces (1.6 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
n/a
- Hrlogics
- Professional, Scientific, and Technical Services
- -
- -
- -
- -
- Oncentive
- Professional, Scientific, and Technical Services
- -
- $18.00
- Modified Gross
- Dec 2028
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Amari & Gray | Public Administration | - | - | - | - | |
| Hrlogics | Professional, Scientific, and Technical Services | - | - | - | - | |
| Oncentive | Professional, Scientific, and Technical Services | - | $18.00 | Modified Gross | Dec 2028 |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 1st Floor
- 5,000 SF
- Office
- -
- Now
- 2nd Floor
- 5,000 SF
- Office
- -
- Now
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 5,000 SF | Office | - | Now |
| 2nd Floor | 5,000 SF | Office | - | Now |
1st Floor
| Size |
| 5,000 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
2nd Floor
| Size |
| 5,000 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
Moderately walkable
70/100
Exceptionally drivable
100/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 22-00-36-1-039-002.000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $134,880 |
Property Taxes
Parcel Number
22-00-36-1-039-002.000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$134,880
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Rare Office + Parking Lot Porfolio | 2127 1st Ave N
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