Property profile

162 Oxmoor Rd Birmingham, AL 35209

OFF-MARKET
Investment properties
Property ID
US03-0817511
5,127 SF 0.41 ac lot Built 1963
Entity Owned 8-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 4,500-square-foot freestanding building presents a remarkable opportunity for a discerning restaurateur or retail business in the vibrant Homewood, Alabama market. Located at 162 Oxmoor Road, Birmingham, in Jefferson County (zip code 35209), this single-tenant property offers ample space for a variety of uses. The entire building is currently vacant, providing immediate occupancy for a new tenant. The property's classification as both retail and restaurant space allows for considerable flexibility in its potential applications. Its freestanding nature offers excellent visibility and accessibility, crucial for attracting customers. The building's size is ideal for a larger restaurant concept or a retail establishment requiring significant square footage. Situated in the thriving Birmingham area, this property benefits from a strong local economy and a dense population base. The address is conveniently located within easy reach of major transportation routes, ensuring convenient access for both employees and customers. This is a rare chance to acquire a substantial, well-located property in a highly desirable area, ready for immediate development and occupancy. The property's size and location make it an attractive investment opportunity with significant potential for return. Serious inquiries are encouraged to explore this exceptional offering.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1963
Total area 5,127 SF
Lot 0.41 ac (18,018 SF)
Zoning code C2
APN 29-00-23-2-005-007.000
UPID US03-0817511

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant

Location

162 Oxmoor Rd Birmingham, AL 35209-5941
Birmingham metro Census 10706 BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$975k
CAP Approach CAP
$915k
Comparable Approach Comparable
by Request
Blend (final) Blend
$975k

Owner & transaction history

since 2018
Last sale
$975,000
3 recorded transactions
2018
$343,000
2007
Price N/A
1992
$150,000

Zoning & alternative use

C2 · Birmingham, AL
Zoning description

2. General Commercial (C-2) District. This general commercial district is designed to allow for areas serving a citywide or regional trade area, including shopping and entertainment centers that offer a range of retail a…

General category CIVIC_INSTITUTIONAL
Top alternative use upside
Restaurant $1.4M +29.4%
Neighborhood: shopping center $1.4M +28.0%

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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