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    1624 Lake Dr NE, Unit 1 Birmingham, AL 35215

    For Sale
    $190,000

    6.3 acre raw land with utilities and sewer access.

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    6.3 Acre Raw Land Parcel

    This 6.3-acre raw land parcel, identified as parcel number 200194003002.000, features a mix of mature woods and grassy areas, each covering approximately half of the property. The site benefits from utilities and a sewer system, which are located along the approximately 345 feet of frontage. Zoned D2, the property is suitable for single-family dwellings, with a minimum lot size of 10,000 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    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
    -86.679184
    Latitude
    33.626884

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    FAQs

    What type of property is this?
    Land - 6.3 acre raw land with utilities and sewer access.
    Where is this land located?
    The property is located at 1624 Lake Dr NE, Unit 1 Birmingham, AL.
    What is the asking price?
    The asking price for this property is $190,000.
    What are key features of this property?
    This property features: - 6.3 acre raw land parcel ready for development.; - Utilities and sewer system located along the 345 foot frontage, simplifying the building process.; - Zoned D2, single family dwelling, offering clear development guidelines.
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    1624 Lake Dr NE, Unit 1 Birmingham, AL 35215
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    Birmingham, AL 35215
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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
    1624 Lake Dr NE, Unit 1 Birmingham, AL 35215
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