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    102 Inverness Cors Birmingham, AL 35242-3760

    • Banks
    • 3,091 SF
    • 0.96 lot acres
    OFF-MARKET
    Value Estimation
    $1,735,000
    Last Sale
    Oct 21, 2022
    $2,058,000
    Location Intelligence
    Property ID
    US03-1184719
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Synovus Bank / Business Banking Service / Investment Service
    • ATM (First Commercial Bank) / Atm

    Property Details for 102 Inverness Cors

    Year built
    1991
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.96 lot acres
    Property size
    3,091 SF
    Property type
    Banks
    APN
    27360001027009
    APU
    27360001027009

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,620,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,025,000
      6.5%
      $2,145,000
      7%
      $1,895,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,830,000
      Geo Method
      $1,885,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,960,000
      Retail
      $2,480,000
      Mixed-Use
      $2,260,000
      Hospitality
      $2,205,000
      Educational
      $2,055,000
      Residential Income
      $2,000,000
      Energy
      $2,395,000
      Income-Based Land
      $2,035,000
      Food Service
      $2,130,000

    Location Insight

    • Map
    • Local Demand
    City
    Birmingham
    County
    Shelby
    State
    Alabama
    Longitude
    -86.6949
    Latitude
    33.4188
    CBSA code
    13820
    CBSA name
    BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $20,854
    $0.00
    $0.00
    $312,280
    -
    $947,600
    $613,800
    $1,561,400

    Comparable in this City

    • Value Estimation by Request
      4,017 SF

      102 Inverness Plz

      FINANCIAL BUILDING • 4,017 SF
      102 Inverness Plz, Birmingham, AL 35242-4800
      View Details
    • Value Estimation by Request
      2,862 SF

      4651 Hwy 280

      FINANCIAL BUILDING • 2,862 SF
      4651 Hwy 280, Birmingham, AL 35242-5031
      View Details
    • Value Estimation by Request
      3,192 SF

      Birmingham, AL 35242

      FINANCIAL BUILDING • 3,192 SF
      Birmingham, AL 35242
      View Details
    • Value Estimation by Request
      8,388 SF

      5376 Hwy 280

      FINANCIAL BUILDING • 8,388 SF
      5376 Hwy 280, Birmingham, AL 35242-5389
      View Details
    • Value Estimation by Request
      10,012 SF

      5420 Hwy 280

      FINANCIAL BUILDING • 10,012 SF
      5420 Hwy 280, Hoover, AL 35242-6508
      View Details
    • Value Estimation by Request
      4,356 SF

      1301 Doug Baker Blvd

      FINANCIAL BUILDING • 4,356 SF
      1301 Doug Baker Blvd, Hoover, AL 35242-4979
      View Details

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      Prime Birmingham mixed-use development land.
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    Similar Nearby for Lease

    • Contact for pricing
      20,090 SF

      Retail Space on Highway 280

      Retail spaces available with high visibility and easy access.
      4700 Highway 280, Birmingham, AL 35242
      View Details
    • Contact for pricing

      Highway 280 Retail Space Available

      Retail space on Highway 280 with high visibility.
      280 & Inverness Ctr Dr, Birmingham, AL 35242
      View Details
    • $12 SF/Yr
      77,130 SF

      Retail Suites Available For Lease

      Retail suites available, sizes range from 1,222 to 6,104 SF.
      5511 Highway 280, Birmingham, AL 35242
      View Details
    • Contact for pricing
      1,125 SF

      Retail Spaces on Highway 280

      Retail suites available with highway visibility near major retailers.
      5530 Highway 280, Birmingham, AL 35242
      View Details
    • Contact for pricing
      241,925 SF

      Inverness Corners Retail Space

      Birmingham Shopping Center, Multiple Units Available
      500 Inverness Cors, Birmingham, AL 35242
      View Details
    • Contact for pricing
      5,283 SF

      Inverness Village Retail Spaces

      Prime Birmingham retail suites, 1200-2760 sqft.
      5291 Valleydale Rd, Birmingham, AL 35242
      View Details
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    102 Inverness Cors
    Birmingham, AL 35242-3760
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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
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