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764 Commercial Real Estate Listings in Birmingham, AL

Birmingham, AL Commercial Real Estate

There are currently 764 commercial listings available in Birmingham, AL. These listings include 771 commercial spaces that encompass a total of 7,212,644 square feet. Available commercial spaces in Birmingham, AL range in size from 1 square feet to 300,000 square feet. A total of 234 off-market commercial properties located in Birmingham, AL are also available for research.

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Birmingham, AL Commercial Real Estate Market Overview

Location Photo

Along with Atlanta, Birmingham, Ala., is one of the largest transportation centers in the South, crisscrossed by several railways and highways, including the I-20, I-22 and I-65. Previously known for its focus on heavy industry, Birmingham has reinvented itself as a banking, healthcare and engineering center.

Commercial real estate properties in Birmingham host various steel manufacturers and important engineering and construction companies. Since the 1980s, the city has seen major investment in its biotech and medical research facilities. The University of Alabama is the second-largest employer in the area, and healthcare companies such as Encompass Health, Caremark RX and Diagnostic Health Corporation are vital to Birmingham’s economy.

The Birmingham-Jefferson County Transit Authority (BJCTA) offers public transportation by bus and trolley bus, as well as links between the city’s central business district, the University of Alabama campus and the Birmingham-Shuttlesworth International Airport. There are also Greyhound and Megabus shuttles to and from Atlanta and Memphis, as well as the Crescent, a passenger train operated by Amtrak. Three major railroad freight lines also have stops in Birmingham, including the Norfolk Southern, CSX Transportation, BNSF Railway and Birmingham Southern Railroad.

Birmingham, AL Commercial Inventory Breakdown

Office Spaces

Total: 29,146,677 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail
By square footage range:
50k to 100k SqFt 5,820,645 SqFt 19.97% of total office
100k to 500k SqFt 18,180,815 SqFt 62.38% of total office
500k to 1M SqFt 3,760,713 SqFt 12.9% of total office
> 1M SqFt 1,384,504 SqFt 4.75% of total office
By class:
Class A 15,825,337 SqFt 54.3% of total office
Class B 9,869,235 SqFt 33.86% of total office
Class C 2,226,105 SqFt 7.64% of total office
Roughly 12.9% of the total office space in Birmingham, AL is comprised of properties between 500K to 1M square feet, and buildings between 50k to 100k square feet represent 19.97% of the office inventory.

Class A office space holds a 54.3% share of the overall Birmingham, AL office market, while Class B office assets make up approximately 33.86%.

Industrial

Total: 12,311,742 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
50k to 100k SqFt 1,774,229 SqFt 14.41% of total industrial
100k to 500k SqFt 6,907,032 SqFt 56.1% of total industrial
500k to 1M SqFt 2,611,001 SqFt 21.21% of total industrial
> 1M SqFt 1,019,480 SqFt 8.28% of total industrial
By class:
Class A 2,689,492 SqFt 21.84% of total industrial
Class B 7,559,315 SqFt 61.4% of total industrial
Class C 302,015 SqFt 2.45% of total industrial
There are 6,907,032 square feet of commercial real estate properties between 100k to 500k square feet, representing 56.1% of the Birmingham, AL industrial inventory. Class A assets total 2,689,492 square feet of industrial space, with an additional 7,559,315 square feet of Class B and 302,015 square feet of Class C properties.

Birmingham, AL Currently Available Listings & Spaces

Number of Available Listings
City Property Type Count of listings Total SF
Birmingham, AL Office 244 3,754,276
Birmingham, AL Retail 138 1,279,272
Birmingham, AL Industrial 50 1,861,648
Birmingham, AL Other 548 7,131,491
Ofice Icon

244

Office

Industrial Icon

50

Industrial

Retail Icon

138

Retail

Current local active listing encompass 14,026,687 square feet of commercial space for lease in Birmingham. There are 244 active office listings, which amount to 3,754,276 square feet and account for 24% of commercial spaces on the market. Local retail availability includes 1,279,272 square feet across 138 listings. Current industrial offerings on the market amount to 1,861,648 square feet across a total of 50.

Employment in Birmingham, AL

Employed Population 95,404

Employed population - Industry % Distribution

Management, business, science, and arts occupations

37%

Sales and office occupations

21%

Service occupations

19%

Production, transportation, and material moving occupations

17%

Natural resources, construction, and maintenance occupations

6%

In 2020, roughly 37% of a total of 95,404 employed in Birmingham worked in Management, business, science, and arts occupations, followed by 21% in Sales and office occupations and 19% in Service occupations.

Income per capita $25,552  Median household income $36,753

Household income

62%

Under $50k

22%

$50k - $100k

12%

$100k - $200k

3%

Over $200k

The median household income in Birmingham stands at $36,753, with per capita income at $25,552. Households earning between $50k and $100k represent 22% of the total, while those earning over $200k make up 3%. Approximately 62% of Birmingham households earn less than $50k per year.

Commuting in Birmingham, AL

Mean travel time to work 23 minutes

Means of transportation to work

80.60%

Driving alone

8.90%

Carpool

1.80%

Public transit

0.50%

Bicycle

2.70%

Walking

3.20%

Other

2.30%

Work at Home

*Universe: Workers 16 and over

The mean travel time to work in Birmingham in 2020 was 23 minutes. Around 80.60% of workers commute by Driving alone, 8.90% Carpool and 3.20% by Other.

Education in Birmingham, AL

High school grad or higher 88%

Bachelor's degree or higher 30%

Population by minimum level of education

12%

No degree

29%

High school

30%

Some College

18%

Bachelor's

12%

Post-grad

*Universe: Workers 25 and over

An estimated 88% of Birmingham residents aged 25 or over hold a high school degree or higher. Of those, 29% are high school graduates, 30% attended some college, 18% earned a bachelor's degree, with an additional 12% holding post-graduate degrees.

Birmingham, AL Demographics

As of 2020, Birmingham had a total population of 210,080, with a median age of 36.70 years. Roughly 68.00% of the total population was between the ages of 16 and 64 years old.

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