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Property profile & analytics
OFF-MARKET Estimated value $520,000
Manufacturing properties

1622 Vanderbilt Rd Birmingham, AL 35234

9,660 SF 12.7 ac lot Built 1990
Entity Owned Absentee Owner Free & Clear
Property ID
US03-1877979
Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1990
Total area 9,660 SF
Lot 12.7 ac (553,212 SF)
Zoning code M2
APN 23-00-19-2-003-006.002
UPID US03-1877979
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
$685k
Comparable Approach Comparable
$408k
Blend (final) Blend
$520k
Owner & transaction history
ALTEC INDUSTRIES INC
ALTEC INDUSTRIES INC
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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