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    Property profile & analytics

    1028 Bessemer Rd Birmingham, AL 35228-1103

    • Assisted living facilities
    • 46,439 SF
    • 3.46 lot acres
    OFF-MARKET
    Value Estimation
    $7,730,000
    Last Sale
    Aug 30, 2023
    $9,012,793
    Location Intelligence
    Property ID
    US03-0499117
    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

    • Arabella Health and Wellness of Birmingham / Rehabilitation Center / Assisted Living Facility
    • Thomas Bryant / Nursing Home / Family Practice Physician

    Property Details for 1028 Bessemer Rd

    Year built
    1966
    Construction
    CONCRETE
    Lot size
    3.46 lot acres
    Property size
    46,439 SF
    Zone code
    R5
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    29-00-18-2-004-009.000
    APU
    2900182004009000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $7,220,000

    • CAP approach

      CAP return
      Estimation
      6%
      $9,550,000
      6.5%
      $9,400,000
      7%
      $9,695,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $7,690,000
      Geo Method
      $9,985,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $7,225,000
      Retail
      $8,305,000
      Mixed-Use
      $9,530,000
      Hospitality
      $9,115,000
      Educational
      $9,590,000
      Residential Income
      $8,215,000
      Energy
      $8,015,000
      Income-Based Land
      $9,745,000
      Food Service
      $9,360,000

    Location Insight

    • Map
    • Local Demand
    City
    Birmingham
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.8998
    Latitude
    33.4766
    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
    2022
    $49,448
    $30,120
    $903,140
    $933,260
    -
    $150,600
    $4,515,700
    $4,666,300

    Comparable in this City

    • Value Estimation
      $390,000
      14,904 SF

      5060 Juanita Cir

      HOMES (RETIRED, NURSING) • 14,904 SF
      5060 Juanita Cir, Birmingham, AL 35228
      View Details
    • Value Estimation by Request
      3,345 SF

      552 Bessemer Super Hwy

      MEDICAL BUILDING • 3,345 SF
      552 Bessemer Super Hwy, Birmingham, AL 35228-3002
      View Details
    • Value Estimation
      $350,000
      7,037 SF

      114 Brookwood E Rd

      MEDICAL BUILDING • 7,037 SF
      114 Brookwood E Rd, Birmingham, AL 35228-2240
      View Details
    • Value Estimation
      $350,000
      2,522 SF

      11 Greenwood Ave

      MEDICAL BUILDING • 2,522 SF
      11 Greenwood Ave, Birmingham, AL 35228-2210
      View Details
    • Value Estimation by Request
      0.70 Acres

      609 13th St

      VACANT COMMERCIAL LAND • 0.70 Acres
      609 13th St, Birmingham, AL 35228-2429
      View Details
    • Value Estimation by Request
      0.15 Acres

      905 13th St

      VACANT COMMERCIAL LAND • 0.15 Acres
      905 13th St, Birmingham, AL 35228-2432
      View Details

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      Prime Midfield, AL location. High visibility, development potential.
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    • Contact for pricing
      0.16 Acres

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      0.16 +/- acre lot for residential construction.
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    Birmingham, AL 35228-1103
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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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