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Property profile & analytics
FOR LEASE
Turn key restaurants

1074 Forestdale Blvd Birmingham, AL 35214

7,221 SF 1.5 ac lot Built 1980
Entity Owned 10-yr Hold Free & Clear
Property ID
US03-0441815
Property summary
AI-generated overview

This vacant 6,721 square foot restaurant building in Birmingham, Alabama, presents a compelling value-add investment opportunity. Located at 1074 Forestdale Blvd, this C-Class property, built in 1980, sits on a substantial 72,034 square foot lot and is zoned C1, offering versatility for various commercial uses beyond restaurants, such as medical facilities or funeral homes. The asking price is $390,000, translating to $58.03 per square foot. Its prime location within the Birmingham MSA ensures high visibility and convenient access for customers. The property's vacant status allows for immediate customization and development to suit a new owner's vision. This presents a unique chance to capitalize on the Birmingham market's potential. The building's size and zoning flexibility make it an attractive prospect for entrepreneurs and investors seeking a strong foothold in a thriving commercial area. The substantial lot size also offers potential for future expansion or redevelopment. This is a rare opportunity to acquire a well-situated property in a desirable location at an attractive price point.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1980
Total area 7,221 SF
Lot 1.5 ac (65,384 SF)
Zoning code C1
APN 22-00-18-4-004-012.000
UPID US03-0441815
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • BAMM BAMMZ BINGO Bingo Hall
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Hong Tai Yang INC · 10 yrs held
Hong Tai Yang INC
since 2016
1 recorded transaction
2016
$150,000
Zoning & alternative use
C1 · Birmingham, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 neighborhoods (typically within a 1 -mile radius) Uses in this district include: smaller grocery stores, banks, restaurants and services such…

Zone name Neighborhood Commercial
General category CIVIC_INSTITUTIONAL
Zone area 163.02 ac
Source Planning/Zoning (MapServer)
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