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Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Warehouses
1400 52nd N St Birmingham, AL 35212-1433
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US03-0519088
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1977
Total area
6,960 SF
Lot
0.48 ac (21,087 SF)
Zoning code
M1
APN
23-00-21-2-005-006.000
UPID
US03-0519088
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$600k
Comparable Approach
Comparable
$447k
Blend (final)
Blend
$515k
Owner & transaction history
1400 52nd Street North LLC · 10 yrs held
1400 52nd Street North LLC
since 2015
6 recorded transactions
Zoning & alternative use
M1 · Birmingham, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$850,000
+91.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Birmingham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Birmingham submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$645,000
6.5%
$600,000
7%
$555,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$445,000
Current use
RETAIL STORES
$850,000
Change: +92% · Conversion: Moderate
Blend value · Realmo final
$515k
Range $464k – $567k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$74 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$5,762
Tax year 2022
Assessed value
$91,860
Assessed 2023
Previous assessed
$79,480
+15.6% YoY
Effective rate
6.27%
On assessed value
Assessed land
$6,320
Assessed improvement
$85,540
Land market value
$31,600
Improvement market value
$427,700
Total market value
$459,300
Applied tax rate
32.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1977
Heating
SPACE
Stories
1
Total area
6,960 SF
Lot
0.48 ac (21,087 SF)
Zoning code
M1
APN
23-00-21-2-005-006.000
UPID
US03-0519088
Jurisdiction
JEFFERSON
Zoning & alternative use
M1 · Birmingham, AL
Zoning M1 · permitted uses
M1 · Birmingham, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Birmingham. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$445,000
RETAIL STORES
Est. value
$850,000
WAREHOUSE, STORAGE Current
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1977
Heating
SPACE
Stories
1
Lot
0.48 ac
Current owner
From public records · entity-resolved
1400 52nd Street North LLC
Entity
Mailing address
6412 WHITE TAIL LN, TRUSSVILLE, AL 35173-2406
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 21, 2015
$948,400
1400 52nd Street North LLC
Tidwell Hoyt M
Warranty Deed
$217,000 · Mercantile Cap
Dec 28, 2006
—
Tidwell,g & P A Family Trust
Tidwell,patricia A
Quit Claim Deed
related
—
Aug 5, 2004
$295,000
Tidwell,h M & Patricia A
Airport Warehouse LLC
Warranty Deed
—
Jun 30, 2004
$202,500
Airport Warehouse LLC
Cit Small Busn Lending Corp
Warranty Deed
$225,000 · Bancorpsouth
Jun 19, 1997
$260,000
A Mcfarland Edward
Edward,a Mcfarla
Grant Deed
related
—
Jun 1, 1997
$260,000
New Owner
Edward,a Mcfarla
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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