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    8444 1St Ave Birmingham, AL 35206

    For Sale
    $295,000

    Retail - BIRMINGHAM, AL

    Type:Retail
    Lot size:
    1.00 Acre
    Days on Market:
    76
    Last Refresh:
    Dec 6 at 6:06 am

    Property Features for 8444 1St Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    B2
    Parking features
    Unassigned
    Lot size
    1.00 Acre

    Utilities

    Heating system
    Electric (Heating), Natural Gas
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1952
    Floors in Building
    2
    Flooring type
    Carpet, Carpet - Partial, Concrete, Tile, Vinyl
    Building materials
    Brick
    Architectural style
    Other

    EXIT Realty Birmingham (205) 260-7784 [email protected]

    Listing agent Hannah McCandless (205) 202-2747

    Listing date Sep 22, 2025

    MLS# 21431591 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

    East Lake Investment Opportunity

    Located in East Lake, Birmingham, this retail property presents an investor special with income growth potential. The connected building comprises multiple units, with four currently occupied and generating $2,300 per month. Units 101 and 102 are leased together for $900, while units 205 and 206 each contribute $700. The remaining units are vacant, offering a value-add opportunity through renovations and lease-up. The property is individually metered and includes a large parking area at the rear. Given the steady rental demand and the potential to increase rents, this property offers immediate cash flow and long-term upside for investors. The property is zoned B2 and has a lot size of 1 acre.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Derek's Barbershop Barber Shop

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Birmingham
    County
    Shelby
    State
    Alabama
    Longitude
    -86.721058
    Latitude
    33.574098

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    FAQs

    What type of property is this?
    Retail property - Retail property with income potential in Birmingham's East Lake.
    Where is this retail property located?
    The property is located at 8444 1St Ave Birmingham, AL.
    What is the asking price?
    The asking price for this property is $295,000.
    What are key features of this property?
    This property features: - Strong income potential with currently occupied units generating $2,300/month.; - Significant value-add opportunity through renovation and lease-up of vacant units.; - Individually metered units.
    (205) 202-2747
    Request Owner's contact information
    8444 1St Ave 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
    8444 1St Ave Birmingham, AL 35206
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