Property profile

1603 2nd S St Birmingham, AL 35205

OFF-MARKET
Turn key restaurants
Property ID
US03-0569739
1,336 SF 0.15 ac lot Built 1941
Individually Owned 20-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1941
Total area 1,336 SF
Lot 0.15 ac (6,720 SF)
Zoning code R3
APN 29-00-11-2-002-009.000
UPID US03-0569739

Cap rate & NOI

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

Location

1603 2nd S St Birmingham, AL 35205-5705
Birmingham metro Census 4200 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
by Request
Blend (final) Blend
$85k

Owner & transaction history

since 2006
1 recorded transaction
2006
$15,000

Zoning & alternative use

R3 · Birmingham, AL
Zoning description

Title 2 - Zoning Ordinance Chapter 1: Zoning Districts 405 Section 4. R-3 Single-Family District. Subsection 1. Generally. The regulations set forth in this Section or set forth elsewhere in this Ordinance, when referred…

General category RESIDENTIAL

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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