Technical
Financial
Distress signals
Property profile

1301 3rd S Ave Birmingham, AL 35233

OFF-MARKET
Banks
Property ID
US03-0839601
5,050 SF 0.32 ac lot Built 1964
Entity Owned 6-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional retail space, formerly occupied by Check 'N Go, offers 1,470 square feet of versatile commercial space in Jefferson County. The single-tenant property is situated in a high-visibility location, ensuring maximum exposure to potential customers. Ample parking is available, providing convenient access for patrons. The asking price is competitive at $14 per square foot. The property's previous use as a financial services business suggests a history of consistent foot traffic and a strong location within a busy commercial area. The open floor plan allows for flexible configuration to suit a variety of retail businesses. This presents a unique opportunity for entrepreneurs and established businesses seeking a well-located, ready-to-occupy retail space. The property is categorized as a strip center, offering easy access and visibility from the street. The building's size and layout are ideal for a range of retail concepts, from smaller boutiques to larger service-oriented businesses. Given its prime location and competitive pricing, this property is expected to lease quickly. Interested parties are encouraged to inquire promptly to secure this exceptional opportunity. The property is a single-tenant space, offering a straightforward and efficient leasing process. The asking price reflects the property's value and potential for return on investment. This is an excellent opportunity to establish a thriving business in a high-traffic area.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1964
Total area 5,050 SF
Lot 0.32 ac (14,000 SF)
Zoning code M1
APN 29-00-01-2-012-005.000
UPID US03-0839601

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
  • Church Mosque

Location

1301 3rd S Ave Birmingham, AL 35233-1406
Birmingham metro Census 4502 BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$610k

Owner & transaction history

since 2020
Last sale
$847,000
1 recorded transaction
2020
$847,000

Zoning & alternative use

M1 · Birmingham, AL
Zoning description

The purpose of the M1 Light Manufacturing District is provide for contractor or construction equipment dealer yard, grain and feed storage, heating fuel or building material storage or wholesaling, manufacturing, fabrica…

General category INDUSTRIAL

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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