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Property profile & analytics
OFF-MARKET Estimated value $685,000
Manufacturing properties

1420 50th N St Birmingham, AL 35212

45,625 SF 6.9 ac lot Built 1966
Entity Owned 37-yr Hold Absentee Owner Free & Clear
Property ID
US03-0841395
Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1966
Total area 45,625 SF
Lot 6.9 ac (300,564 SF)
Zoning code M2
APN 23-00-17-4-000-003.001
UPID US03-0841395
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
Current use
Occupant on record · Public records
  • Steward Machine Co Inc Industrial Manufacturer
  • Plant 2 Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$440k
CAP Approach CAP
by Request
Comparable Approach Comparable
$957k
Blend (final) Blend
$685k
Owner & transaction history
Steward Machine Co · 37 yrs held
Steward Machine Co
since 1989
6 recorded transactions
2020
Price N/A
2020
Price N/A
1989
$465,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
M2 · Birmingham, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Section 3. M-2, Heavy Industrial District. Subsection 1. Generally. The regulations set forth in this Section or set forth in this Ordinance, when referred to in this Section, are the regulations of the M-2 Heavy Industrial District. Subsection 2. Use Regulations. A building or premises shall be used only for the following purposes: 1. Any use permitted in t…

Zone name Heavy Industrial
General category INDUSTRIAL
Zone area 3,860.46 ac
Source Planning/Zoning (MapServer)
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