Cole Centre 1100 E Park Dr 42,017 SF 29% Leased Office Building Birmingham, AL 35235 $2,100,000 ($49.98/SF)
INVESTMENT HIGHLIGHTS
- Well located office building ideal for owner occupant, medical use. Best professional office option in the Roebuck market.
- Just off I-59 Exit 134, Rockbuck Parkway
- Very near St. Vincent’s East Hospital & adjacent to other medical professional & office buildings
EXECUTIVE SUMMARY
• Building Size: 42,017 SF +/-
• Site: 1.69 Acres +/-
• Year Built: 1987
• 121 Parking Spaces (2.9/1000 SF)
• Great building for owner occupancy
• Very near St. Vincent’s East Hospital & adjacent to other medical professional & office buildings
• Priced less than $50 per SF, well below replacement cost
• Traffic Count: 15,746 VPD (Gadsden Hwy)
• Just off I-59 Exit 134, Rockbuck Parkway
• Site: 1.69 Acres +/-
• Year Built: 1987
• 121 Parking Spaces (2.9/1000 SF)
• Great building for owner occupancy
• Very near St. Vincent’s East Hospital & adjacent to other medical professional & office buildings
• Priced less than $50 per SF, well below replacement cost
• Traffic Count: 15,746 VPD (Gadsden Hwy)
• Just off I-59 Exit 134, Rockbuck Parkway
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Office
Property Subtype
Building Size
42,017 SF
Building Class
B
Year Built
1987
Price
$2,100,000
Price Per SF
$49.98
Percent Leased
29%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
10,504 SF
Slab To Slab
12’
Building FAR
0.57
Lot Size
1.69 AC
Zoning
C2 - Fairly liberal commercial zoning in the City of Birmingham
Parking
121 Spaces (2.88 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 24-00-06-1-005-002.007 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $301,460 |
