Technical
Financial
Distress signals
Property profile

1004 Forestdale Blvd Birmingham, AL 35214

OFF-MARKET
Retail space
Property ID
US03-0717328
8,558 SF 0.69 ac lot Built 1995
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1995
Construction STEEL FRAME
Total area 8,558 SF
Lot 0.69 ac (30,240 SF)
Zoning code C1
APN 22-00-18-4-008-019.000
UPID US03-0717328

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic
  • Physician

Location

1004 Forestdale Blvd Birmingham, AL 35214-3832
Birmingham metro Census 12402 BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.29M
Comparable Approach Comparable
$1.62M
Blend (final) Blend
$180k

Owner & transaction history

since 2024
7 recorded transactions
2024
$115,000
2017
$105,000
2017
$120,000
2017
$100,000
2017
$50,000
2016
$1.8M
2011
$1.4M

Zoning & alternative use

C1 · Birmingham, AL
Zoning description

1. Neighborhood Commercial (C-1) District. The neighborhood commercial district is designed to allow for areas of neighborhood retail and services that meet the day-to-day needs of residents and workers of sur rounding n…

General category CIVIC_INSTITUTIONAL
Top alternative use upside
Apartment house (5+ units) $1.7M +64.9%
Medical building $1.5M +45.5%
Office building $1.4M +36.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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