Birmingham Commercial Property For
For Sale
$399,900
5547 1st N Avenue, Birmingham, AL 35212
Commercial property in high-traffic area, ideal for automotive services.
Property Size1,658 SF
Lot Size0.31 Acres
Price / SF$241.19
Days on Market143
Property Features for 5547 1st N Avenue
General Information
Standard status
Active
Size
1,658 SF
Lot size
0.31 Acres
Property subtype
Commercial/Industrial
Building Details
Year Built
1996
Listing Agency:
Keller Williams
(205) 281-2042
Listed By:
Chris Maze · License #104799
(205) 281-2042
Source:
Exitrealty
Added: Mar 10
Changed: Jul 10
Last Checked: Jul 29 at 7:04AM
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
Investment Insights
Based on property information with market context.
Located at 5547 1st Avenue N, Birmingham, AL 35212, this commercial property offers a prime opportunity in the Birmingham market. The 1658 SF concrete block building is situated on approximately 0.31 acres. The property, previously operating as Magic City Motors, is zoned commercial for automotive services and wholesale use. Historically used as a car lot, the site can accommodate approximately 50 vehicles. The property benefits from its location directly across from Woodlawn High School, at a high-traffic corner with two red lights, providing exceptional visibility and steady daily traffic. The building includes central electric cooling, gas heat, a metal roof, conference room, and office space. A security system and public utilities are also in place. The sale includes both the building and the land, presenting a turnkey opportunity for auto sales, service, or other commercial ventures. This property offers excellent exposure in a growing Birmingham corridor.
Key Highlights
- Prime commercial location at a high‑traffic corner with exceptional visibility.
- Zoned commercial for automotive services/wholesale use, historically a car lot.
- Turnkey opportunity: sale includes building (1658 SF) and land (0.31 acres).
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 | $29.8k | $18.00 |
| − Vacancy | −$2.4k | −$1.44 |
| EGI | $27.5k | $16.56 |
| − OpEx | −$6.9k | −$4.14 |
| NOI | $20.6k | $12.42 |
1,658 SF · lease $18.00/SF/yr · vacancy 8.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$294.2K
$257.4K – $343.2K
NOI $20,592 @ 7.0% cap · market cap 5.15%
Second Best
Retail
$231.5K
$202.6K – $270.1K
NOI $16,204 @ 7.0% cap · market cap 4.05%
Theoretical Best
Office A
$389.2K
$340.5K – $454.0K
NOI $27,242 @ 7.0% cap · market cap 6.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
564
Businesses Nearby
Explore this area
Business Placement
Demographics for 35212, AL
11,240
Population
5,537
Households
2
Avg Household Size
34
Median Age
33%
College-Educated
87%
High-School Grad
6.2 sq mi
ZIP Area
1,813
Density / Sq Mi
$34,565
Median Household Income
$37,264
Median Earnings
$754
Median Rent
$210,400
Median Home Value
Market
Vacancy Rate% for Retail in Birmingham, AL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Car wash - Commercial property in high-traffic area, ideal for automotive services.
Where is this car wash located?
The property is located at 5547 1st N Avenue Birmingham, AL.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Prime commercial location at a high‑traffic corner with exceptional visibility.; Zoned commercial for automotive services/wholesale use, historically a car lot.; Turnkey opportunity: sale includes building (1658 SF) and land (0.31 acres).
