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    1425 Lomb Ave Birmingham, AL 35208

    For Sale
    $170,000

    High-traffic location, strong rental income.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional investment opportunity encompasses three buildings situated on a 0.06-acre lot at 1425 Lomb Avenue in Birmingham, Alabama's thriving West End community. Priced at $170,000, this property offers significant potential for both investors and owner-users. Its prime location provides easy access to major interstates, placing it within minutes of downtown Birmingham, Princeton Baptist Medical Center, and the Birmingham CrossPlex. The area also boasts a vibrant selection of local restaurants and shops, ensuring high visibility and foot traffic. Currently generating an annual income of $23,100 from four long-term tenants, the property features month-to-month leases, offering flexibility and potential for future rent increases. The high-traffic location and established tenancy make this a compelling investment prospect with strong potential for future growth and appreciation. This is a rare chance to acquire a well-positioned commercial property in a rapidly developing area of Birmingham. The three-building complex presents a unique opportunity for immediate income generation and long-term value appreciation. The property's strategic location and current tenant occupancy make it an attractive investment for those seeking a stable and profitable commercial venture.

    Property Features for 1425 Lomb Ave

    General Information

    Property type
    Other commercial real estate
    Lot Size
    2,614 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Grace & Mercy House ... Religious Organization Grace & Mercy House ... Food Bank School of Skill & Trade School

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Birmingham
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.86096
    Latitude
    33.5001

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, strong rental income.
    Where is this commercial real estate located?
    The property is located at 1425 Lomb Ave Birmingham, AL.
    What is the asking price?
    The asking price for this property is $170,000.
    (205) 250-0036
    Request Owner's contact information
    1425 Lomb Ave Birmingham, AL 35208
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    Birmingham, AL 35208
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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
    1425 Lomb Ave Birmingham, AL 35208
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