Technical
Financial
Distress signals
Property profile

1640 Mims SW Ave Birmingham, AL 35211

OFF-MARKET
Warehouses
Property ID
US03-1050566
62,955 SF 8 ac lot Built 1983
Entity Owned 11-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1983
Total area 62,955 SF
Lot 8 ac (348,480 SF)
Zoning code M2
APN 29-00-16-1-001-004.000
UPID US03-1050566

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
  • Big Box & Wholesale Store Food Market
  • Building Supply Big Box & Wholesale Store

Location

1640 Mims SW Ave Birmingham, AL 35211-3738
Birmingham metro Census 5200 BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.01M
Blend (final) Blend
$610k

Owner & transaction history

since 2015
2 recorded transactions
2015
$1.4M
2009
$88,432

Zoning & alternative use

M2 · Birmingham, AL
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 Industr…

General category INDUSTRIAL

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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