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    4800 Lake Blvd Birmingham, AL 35217

    Sponsored
    For Sale
    $1,470,000

    Multi-use property, high ROI potential.

    Property size:
    7,900 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This Class A commercial property in Birmingham, Alabama, presents a compelling investment opportunity. Located at 4800 E Lake Blvd, this 7,900 square foot property sits on 1.311 acres and features two buildings, each single-story, offering diverse income streams. The property includes a 2,400 square foot restaurant currently under a 7-year lease, providing stable rental income. Additionally, there's approximately 1,600 square feet of office/showroom space with a roll-up door, and a 3,900 square foot warehouse with three dock-high doors and a 1,700 square foot canopy. The warehouse boasts two 200-amp, 3-phase electrical panels. The property is zoned commercial and benefits from high visibility due to its location on a major thoroughfare in the rapidly developing East Lake district. The asking price is $1,470,000, representing a 7.50% cap rate and $186.08 per square foot. This multi-tenant, NNN lease property offers significant potential for strong returns and long-term appreciation in a growing community. The property's versatile spaces and existing lease provide immediate income and flexibility for future tenants.

    Property Features for 4800 Lake Blvd

    General Information

    Property type
    Restaurants
    Square Feet
    7,900 SF
    Class
    A
    Lot Size
    57,107 SF

    Building Details

    Buildings
    2
    Stories
    1
    Units
    2
    Property Profile Location Intelligence

    Current Use by Public Records

    Aviators Park Event Venue

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Birmingham
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.762379684166
    Latitude
    33.563240765726

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    FAQs

    What type of property is this?
    Restaurant - Multi-use property, high ROI potential.
    Where is this restaurant located?
    The property is located at 4800 Lake Blvd Birmingham, AL.
    What is the asking price?
    The asking price for this property is $1,470,000.
    Request Owner's contact information
    4800 Lake Blvd Birmingham, AL 35217
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    Birmingham, AL 35217
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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
    4800 Lake Blvd Birmingham, AL 35217
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