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    1 Oporto Madrid Blvd Birmingham, AL 35206

    For Sale
    $125,000

    Lots - BIRMINGHAM, AL

    Lot size:
    0.29 Acres
    Days on Market:
    88
    Last Refresh:
    Dec 6 at 6:06 pm

    Property Features for 1 Oporto Madrid Blvd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.29 Acres

    Building Details

    Architectural style
    Other

    Premier Vestavia, LLC (205) 397-6500 [email protected]

    Listing agent Jason Koenig (205) 397-6500

    Listing date Sep 10, 2025

    MLS# 21430699 Listing URL

    Copyright © 2025 Greater Alabama MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Eastlake Multi-Use Development Opportunity

    This is an excellent opportunity to acquire three multi-use lots in Birmingham's historic Eastlake district. The combined lots, totaling 0.293 acres, are ideal for development, suitable for retail, mixed-use, or residential projects. The location offers strong visibility on a corner lot within a walkable neighborhood, with easy access to major highways I-20 and I-59. The property is near local shops and restaurants, and just minutes from downtown Birmingham.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Birmingham
    County
    Shelby
    State
    Alabama
    Longitude
    -86.727837
    Latitude
    33.56093

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    FAQs

    What type of property is this?
    Commercial land - Three combined lots in historic Eastlake, ideal for development.
    Where is this commercial land located?
    The property is located at 1 Oporto Madrid Blvd Birmingham, AL.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: - Prime location in Eastlake's historic district, minutes from downtown Birmingham.; - Ideal for development: retail, mixed-use, or residential projects.; - Bundle of 3 lots totaling .293 acres.
    (205) 397-6500
    Request Owner's contact information
    1 Oporto Madrid Blvd Birmingham, AL 35206
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    Birmingham, AL 35206
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1 Oporto Madrid Blvd Birmingham, AL 35206
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