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Property profile & analytics
OFF-MARKET
Estimated value
$5,370,000
Manufacturing properties
1417 Meadowcraft Rd Birmingham, AL 35215
Entity Owned
3-yr Hold
Free & Clear
Property ID
US03-0604494
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1978
Total area
10,360 SF
Lot
0.24 ac (10,454 SF)
Zoning code
I4
APN
13-00-15-4-000-006.000
UPID
US03-0604494
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
$4.90M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.37M
Owner & transaction history
United Pipe & Teel Corp · 3 yrs held
United Pipe & Teel Corp
since 2023
Last sale
$5.9M
1 recorded transaction
Zoning & alternative use
I4 · Birmingham, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Neighborhood Commercial District C-2 - General Commercial District 5. Manufacturing and Industrial Districts: I-1 - Light Manufacturing District I-2 - Heavy Industrial District I-3 - Planned Manufacturing District I-4 - Landfill, Mining and Timbering District 6. Specific Plan Districts: HID - Health and Institutional District PRD - Planned Recreational Distr…
Zone name
Landfill Mining And Timbering
General category
INDUSTRIAL
Zone area
2,909.78 ac
Source
Planning/Zoning (MapServer)
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
$4,745,000
ML approach
$4,900,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.37M
Range $4.83M – $5.91M · ±10% · vs last sale $5.92M (May 2 2023)
Last sale anchor
$5.92M
May 2 2023
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
$518 / 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
$2,971
Tax year 2022
Assessed value
$1,061,260
Assessed 2023
Previous assessed
$59,300
+1,689.6% YoY
Effective rate
0.28%
On assessed value
Assessed land
$49,400
Assessed improvement
$1,011,860
Land market value
$247,000
Improvement market value
$5,059,300
Total market value
$5,306,300
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1978
Heating
SPACE
Stories
1
Total area
10,360 SF
Lot
0.24 ac (10,454 SF)
Zoning code
I4
APN
13-00-15-4-000-006.000
UPID
US03-0604494
Jurisdiction
JEFFERSON
Zoning & alternative use
I4 · Birmingham, ALZoning I4 · permitted uses
I4 · Birmingham, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Neighborhood Commercial District C-2 - General Commercial District 5. Manufacturing and Industrial Districts: I-1 - Light Manufacturing District I-2 - Heavy Industrial District I-3 - Planned Manufacturing District I-4 - Landfill, Mining and Timbering District 6. Specific Plan Districts: HID - Health and Institutional District PRD - Planned Recreational District MXD - Planned Mixed Use District 7. Holding Zone District Section 2
Zone name
Landfill Mining And Timbering
General category
INDUSTRIAL
Zone area
2,909.78 ac
Source
Planning/Zoning (MapServer)
Building & site characteristics
From public records
Year built
1978
Heating
SPACE
Stories
1
Lot
0.24 ac
Current owner
From public records · entity-resolved
United Pipe & Teel Corp
Entity
Free & Clear · 3 yrs held
Mailing address
83 TPKE RD, IPSWICH, MA 01938-1046
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 2, 2023
$5,920,000
United Pipe & Teel Corp
J&k Adrian Bakery LLC
Warranty Deed
—
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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