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400 Office Park Dr
Birmingham, AL 35223
Parkwoods Building · Office Property For Sale
Executive Summary
Building Size 20,606 SF
Vacant Space 5,700 SF (27.7% of building)
Market Rent Applied to Vacancy $22.00 / SF
Lease Structure Full Service
Vacant Space 5,700 SF (27.7% of building)
Market Rent Applied to Vacancy $22.00 / SF
Lease Structure Full Service
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
23,340 SF
Building Class
C
Year Built/Renovated
1972/2016
Price
$3,700,000
Price Per SF
$158.53
Cap Rate
6.69%
NOI
$247,501
Percent Leased
72%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
5,835 SF
Building FAR
0.27
Lot Size
2.00 AC
Zoning
O-P - Office and Institutional District
Parking
183 Spaces (7.84 Spaces per 1,000 SF Leased)
Amenities
- Property Manager on Site
Property Taxes
| Parcel Number | 28-00-08-3-007-002.301 | Improvements Assessment | $0 |
| Land Assessment | $475,200 | Total Assessment | $475,200 |
Property Taxes
Parcel Number
28-00-08-3-007-002.301
Land Assessment
$475,200
Improvements Assessment
$0
Total Assessment
$475,200
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