Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    309 E VENTURA DRIVE Irondale, AL 35235

    View on Map
    Claim this Listing
    For Sale
    $40,000

    Lots - IRONDALE, AL

    Lot size:
    0.34 Acres
    Added:
    Oct 4, 2025
    Days on Market:
    209
    Last Refresh:
    Apr 30 at 1:06 am

    Property Features for 309 E VENTURA DRIVE

    General Information

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

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Aaron Sims

    Listing agent Aaron Sims

    Listing office Keller Williams Realty Vestavia 3595 Grandview Pkwy, Suite 250, Birmingham, AL

    Listing date Oct 4, 2025

    MLS# 21433217 Listing URL

    Copyright © 2026 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

    Residential Land in Roebuck Plaza

    This approximately 0.34-acre homesite is located on a quiet street in the Roebuck Plaza neighborhood. The flat lot is easy to build on and previously had a residence, which may simplify utility access and site planning, although verification is required. The property is adjacent to a small city greenspace and across from a pocket park. It is situated minutes from shopping and major corridors, providing quick access across eastern Birmingham and Irondale. Irondale is experiencing growth, with ongoing investment in civic facilities, the library, and commercial corridors that support long-term livability. According to the 2021 Blueprint Irondale Comprehensive Plan, Roebuck Plaza's future land use has potential for commercial and mixed-use redevelopment, although the timing is unknown and subject to change.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Irondale
    County
    Shelby
    State
    Alabama
    Longitude
    -86.657007
    Latitude
    33.58906

    Nearby Similar for Sale

    • $1,350,000

      Land Near Irondale Mall

      One-acre land parcel next to Irondale Mall on Grants Mill Road.
      1866 GRANTS MILL ROAD, IRONDALE, AL 35210
      View Details
    • $795,000

      Mixed-Use Property with Warehouses

      Mixed-use property featuring warehouses and office space on 2.4 acres.
      2774 RUFFNER ROAD, IRONDALE, AL 35210
      View Details
    • $795,000
      11,584 SF

      Flex Space with Laydown Yards

      Three suites, warehouses, open basement, and fenced laydown yards.
      2774 Ruffner Road, IRONDALE, AL 35210
      View Details
    • $185,000

      Commercial Land in Prime Location

      Commercial land for sale in high-traffic area near I-459.
      2704 ALTON ROAD, IRONDALE, AL 35210
      View Details
    • $499,900

      Land with Investment Potential

      Three parcels of land with great investment potential and visibility.
      739 HAGBUSH ROAD, IRONDALE, AL 35210
      View Details
    • $279,000

      Vacant Lot in Irondale, AL

      1.25 acre vacant lot for new construction near Birmingham.
      5531 OVERTON ROAD, IRONDALE, AL 35210
      View Details
    • $1,350,000
      1,026 SF

      Land Near Irondale Mall

      Commercial land next to Irondale Mall, zoned A1 Birmingham.
      1866 Grants Mill Road, IRONDALE, AL 35210
      View Details
    • $185,000

      Commercial Property in High-Traffic Area

      Commercial property with high traffic, near I-459 and I-20.
      2704 Alton Road, IRONDALE, AL 35210
      View Details
    • $2,500,000
      1,045,440 SF

      24 Acres Land For Sale

      24 acres of prime industrial land with highway access.
      2885 Alton Way, Irondale, AL 35210
      View Details
    • $2,300,000
      31,864 SF

      Irondale Retail and Industrial Space

      31,864 SqFt retail and industrial property for sale.
      1569 Cooper Hill Rd, Irondale, AL 35210
      View Details
    • $2,500,000
      1,045,440 SF

      24 Acres Land For Sale

      24 acres of prime industrial land with highway access.
      2885 Alton Way, Irondale, AL 35210
      View Details
    • $18,000
      5,227 SF

      Investor’s Corner – Irondale

      5027 Railroad Ln, Irondale, AL 35210
      View Details

    FAQs

    What type of property is this?
    Land - Flat, easy-to-build homesite in growing Irondale neighborhood.
    Where is this land located?
    The property is located at 309 E VENTURA DRIVE Irondale, AL.
    What is the asking price?
    The asking price for this property is $40,000.
    What are key features of this property?
    This property features: Flat, easy‑to‑build homesite.; Convenient location: Minutes to shopping and major corridors for quick access across eastern Birmingham and Irondale.; Adjacent to small city greenspace and across from a pocket park.
    (205) 834-0798
    We can help!
    Listing Contact
    Aaron Sims
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!