Technical
Financial
Distress signals
Property profile

2300 24th N St Birmingham, AL 35234

OFF-MARKET
Office Spaces
Property ID
US03-0792163
2,104 SF 2.9 ac lot Built 1940
Entity Owned 5-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 16,000-square-foot Class A industrial property, situated on 1.5 to 3.5 acres in Birmingham's Norwood/North Birmingham submarket, is available for lease. Built in 2024, this single-tenant building offers a versatile layout suitable for manufacturing, flex, warehouse, or distribution uses. The property boasts 180 feet of frontage on 24th Street North, convenient access to I-something (interstate access needs to be specified in the original data), and ample parking with 25 spaces. Features include two dock-high doors, two drive-in doors, and 3-phase power. The building is currently a lay-down yard with a high fence, rough grading in areas with several concrete pads, and offers great parking and storage options. The property is zoned M2 and has a Jefferson County APN of 22-00-23-4-003-001.000. The anticipated lease rate is $12.00 per square foot, but specific details regarding warehouse versus office space and build-out options are available upon request. This prime location offers easy access to Uptown Birmingham. Property taxes are estimated at $1 per square foot. Inquire today for complete details and lease terms.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1940
Total area 2,104 SF
Lot 2.9 ac (126,324 SF)
Zoning code M2
APN 22-00-23-4-003-001.000
UPID US03-0792163

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2300 24th N St Birmingham, AL 35234-1645
Birmingham metro Census 800 BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$150k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$130k

Owner & transaction history

since 2021
Last sale
$112,000
5 recorded transactions
2026
Price N/A
2021
Price N/A
2021
$112,000
2018
$105,001
2018
$105,500

Zoning & alternative use

M2 · Birmingham, AL
Zoning description

Section 3. M-2, Heavy Industrial District. Subsection 1. Generally. The regulations set forth in this Section or set forth in this Ordinance, when referred to in this Section, are the regulations of the M-2 Heavy Industr…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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