Multi-Use Commercial Building For
5100 7th Avenue Birmingham, AL 35224
5100 7th Avenue, Birmingham, AL, 35224
$350,000
For Sale
$350,000
Multi-use commercial building suitable for automotive, restaurant, office, or residential.
Property Size2,101 SF
Price / SF$166.59
Days on Market129
Property Features for 5100 7th Avenue
General Information
- Standard status
- Active
- Size
- 2,101 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1962
Listing Agency
Keller Williams Realty Blount
(205) 516-8577
Listed by
Sylvia Vinson · License #66073
(205) 516-8577
Source
Exitrealty
Added: Mar 10 Checked: Jul 16 at 7:23 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Blount
Investment Insights
Based on property information with market context.
This commercial building is suitable for multiple uses, including automotive services, a cafe or eatery, a sports bar and grill, office space, or a studio apartment. The building has a total size of 2101 square feet.
Key Highlights
- Multi‑use commercial building offers diverse possibilities
- Automotive business potential for entrepreneurs
- Cafe/eatery business potential for culinary ventures
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $37.8k | $18.00 |
| − Vacancy | −$3.0k | −$1.44 |
| EGI | $34.8k | $16.56 |
| − OpEx | −$8.7k | −$4.14 |
| NOI | $26.1k | $12.42 |
2,101 SF · lease $18.00/SF/yr · vacancy 8.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$372.8K
$326.2K – $434.9K
NOI $26,094 @ 7.0% cap · market cap 7.46%
Second Best
Mixed Use
$348.5K
$304.9K – $406.6K
NOI $24,393 @ 7.0% cap · market cap 6.97%
Theoretical Best
Office A
$493.1K
$431.5K – $575.3K
NOI $34,520 @ 7.0% cap · market cap 9.86%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Mixed-use properties
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Multi-use commercial building suitable for automotive, restaurant, office, or residential.
Where is this mixed-use property located?
The property is located at 5100 7th Avenue Birmingham, AL.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Multi‑use commercial building offers diverse possibilities; Automotive business potential for entrepreneurs; Cafe/eatery business potential for culinary ventures
