Financial
Distress signals
Property profile

524 Red Lane Rd Birmingham, AL 35215

FOR SALE
Other office properties
Property ID
US03-0825245
7,176 SF 0.49 ac lot Built 2000
Last sale Jan 2025 · $205,500
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Suite B at Red Lane Plaza is a 901-square-foot professional office space within an established multi-tenant property. The suite includes a reception area and private office space, configured to support client-facing operations while providing separation for meetings and focused work. The property is zoned CB2 and sits on a 0.49-acre lot, with on-site parking and access to major Birmingham road corridors.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$10k
Tax billed · 2022
Assessed value · 2023$93k
Assessed land$30k
Assessed improvement$63k
Effective rate10.75%

Value estimate

· Sep 2026
$170k
$153k – $187k
AI approach$235k
NOI build-up
Gross scheduled income$135k
Vacancy & credit loss−$29k
Operating expenses−$27k
NOI · 9.96% cap applied$80k

Realmo valuation models over county records and 13 qualifying comparable sales.

Recently sold

What actually traded nearby?
$58/SF
ZIP average, outlier-cleaned · 49 recorded sales of this use type
Observed band · Q1–Q3$29 – $95
Qualifying comparables13

Cap rate analysis

How does the asset earn?
9.96%
$80k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CB2
JurisdictionJEFFERSON

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency18.8
Wholesale Shop18.7
Law Firm18.0

Location

524 Red Lane Rd Birmingham, AL 35215
County assessor Recorded deeds · 1 transfer 13 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
9430 Pkwy E, Birmingham, AL 35215-8325 $100,000 Sep 2024 7,200 SF
9729 Pkwy E, Birmingham, AL 35215-7800 $250,000 Feb 2024 7,719 SF
1275 Ctr Pt, Birmingham, AL 35215-6339 $380,000 Nov 2023 7,571 SF
124 Carson N, Birmingham, AL 35215-2954 $2,300,000 Oct 2023 6,250 SF
4480 Pinson Vly, Birmingham, AL 35215 $789,627 Oct 2021 7,640 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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