Technical
Financial
Distress signals
Property profile

120 23rd NW Ter Center Point, AL 35215

OFF-MARKET
Commercial land
Property ID
US03-0991854
1,225 SF 0.34 ac lot Built 1960
Entity Owned 1-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1960
Total area 1,225 SF
Lot 0.34 ac (15,000 SF)
Zoning code R1
APN 12-00-18-2-002-015.000
UPID US03-0991854

Cap rate & NOI

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

Location

120 23rd NW Ter Center Point, AL 35215-3614
Center Point metro Census 11804 BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$50k

Owner & transaction history

since 2025
Last sale
$1,613
7 recorded transactions
2025
$1,613
2024
$2,629
2024
$1,213
2024
$445
2024
$395
1994
$63,900
1989
$53,000

Zoning & alternative use

R1 · Center Point, AL
Zoning description

Sec. 601. - R-1 Single-Family District. Every building hereafter erected or moved shall be located on a lot, tract, or parcel, and in no case shall there be more than one principal residential building (and its accessory…

General category RESIDENTIAL

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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