Property profile

1316 1st N Ave Birmingham, AL 35203

OFF-MARKET
Investment properties
Property ID
US03-3028623
7,000 SF 0.19 ac lot Built 1950
Entity Owned 11-yr Hold Free & Clear
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1950
Total area 7,000 SF
Lot 0.19 ac (8,250 SF)
Zoning code M1
APN 22-00-35-4-006-007.001
UPID US03-3028623

Cap rate & NOI

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

Location

1316 1st N Ave Birmingham, AL 35203-1728
Birmingham metro Census 2701 BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$597k
Blend (final) Blend
$235k

Owner & transaction history

since 2015
2 recorded transactions
2015
$90,000
2013
$140,000

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
Top alternative use upside
Retail stores $855,000 +8.4%

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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