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    2444 Palomino Ln Birmingham, AL 35214

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    For Sale
    $699,000

    Vacant restaurant building with high visibility and included equipment.

    Property size:
    2,986 SF

    Property Features for 2444 Palomino Ln

    General Information

    Size
    2,986 SF

    Building Details

    Year built
    2007

    Source: Vanessa Morris Agent Vanessa Morris

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

    Overview

    Restaurant Building on Highway 78

    This vacant restaurant building presents an investment opportunity. The property, situated on Highway 78, offers high visibility road frontage and easy access with a traffic light. It includes furniture, fixtures, and equipment such as three hoods and a walk-in cooler. The property also features a drive-thru and patio seating. Located in the general business district, the site is adjacent to a Super-Walmart and Sonic. The property could be repurposed or redeveloped. The current tenant operates a Wing/Asian restaurant and is new to open. The location serves over 78,000 residents within a 15-minute drive. The property size is 2,986 square feet and includes a large parcel for extra parking.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Deerman's Barbeque Barbecue Restaurant

    Suggested Use

    Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop 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
    -86.921163
    Latitude
    33.580523

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    FAQs

    What type of property is this?
    Restaurant - Vacant restaurant building with high visibility and included equipment.
    Where is this restaurant located?
    The property is located at 2444 Palomino Ln Birmingham, AL.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: - Prime location on major Highway 78 with high visibility and easy access via traffic light.; - Includes all furniture, fixtures, and equipment (FF&E) such as **three hoods and a walk-in cooler.**; - Excellent investment opportunity for repurposing or redevelopment.
    (205) 447-1728
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    2444 Palomino Ln Birmingham, AL 35214
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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
    2444 Palomino Ln Birmingham, AL 35214
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