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    1813 3Rd Ave Birmingham, AL 35233

    For Sale
    $975,000

    Historic building, prime location, high ceilings

    Property size:
    9,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 9,800 square foot retail property, located at 1813 3rd Avenue South in Birmingham, Alabama, presents a unique investment opportunity. Built in 1920, this two-story building boasts historic brick and beam construction with impressive high ceilings, ranging from approximately 12 feet 2 inches to 11 feet 6 inches on the ground floor. The property features convenient loading dock access with one drive-in door and two dock-high doors, ideal for efficient operations. Its prime midtown location offers unparalleled visibility and accessibility, situated adjacent to the University of Alabama at Birmingham (UAB) Hospital and campus. This location places the property within easy reach of a vibrant mix of businesses and amenities, including Red Mountain Theatre, Taziki's, Publix, Chipotle, Starbucks, Children's Hospital, Moe's Southwest Grill, and Railroad Park. The asking price is $975,000, translating to $99.49 per square foot. This property is zoned for retail and office use and presents a rare opportunity to acquire a historic building in a thriving, high-traffic area. The property's location within an Opportunity Zone and its eligibility for Historic Tax Credits further enhance its investment appeal.

    Property Features for 1813 3Rd Ave

    General Information

    Property type
    Retail properties
    Square Feet
    9,800 SF

    Building Details

    Year Built
    1920
    Buildings
    1
    Stories
    2
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Scot Martin, MD Cosmetic Surgeon

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Birmingham
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.8047048
    Latitude
    33.5087203

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    FAQs

    What type of property is this?
    Retail property - Historic building, prime location, high ceilings
    Where is this retail property located?
    The property is located at 1813 3Rd Ave Birmingham, AL.
    What is the asking price?
    The asking price for this property is $975,000.
    (205) 458-8021
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    1813 3Rd Ave Birmingham, AL 35233
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    Birmingham, AL 35233
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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
    1813 3Rd Ave Birmingham, AL 35233
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