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Property profile & analytics
OFF-MARKET
Residential income properties
1718 32nd N St Birmingham, AL 35234-1324
Individually Owned
Absentee Owner
Free & Clear
Property ID
US03-0367199
Property summary
AI-generated overview
This 0.12-acre lot is located in Birmingham, Alabama, and is zoned for residential use.
Property profile
Verified
Property type
Residential income properties
Use group
VACANT COMMERCIAL LAND
Lot
0.16 ac (6,760 SF)
Zoning code
R3
APN
22-00-24-1-004-003.000
UPID
US03-0367199
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Marcia Jones
Marcia Jones
since 2025
Last sale
$7,500
2 recorded transactions
Zoning & alternative use
R3 · Birmingham, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 to in this Section, are the regulations in the R -3 Single- Family D
Zone name
Single Family
General category
RESIDENTIAL
Zone area
9,991.38 ac
Source
Planning/Zoning (MapServer)
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Birmingham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Birmingham submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$239
Tax year 2022
Assessed value
$3,180
Assessed 2023
Previous assessed
$3,300
-3.6% YoY
Effective rate
7.52%
On assessed value
Assessed land
$3,180
Land market value
$15,900
Total market value
$15,900
Applied tax rate
32.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Residential income properties
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
0.16 ac (6,760 SF)
Zoning code
R3
APN
22-00-24-1-004-003.000
UPID
US03-0367199
Jurisdiction
JEFFERSON
Zoning & alternative use
R3 · Birmingham, ALZoning R3 · permitted uses
R3 · Birmingham, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
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 to in this Section, are the regulations in the R -3 Single- Family D
Zone name
Single Family
General category
RESIDENTIAL
Zone area
9,991.38 ac
Source
Planning/Zoning (MapServer)
Building & site characteristics
From public records
Heating
NONE
Lot
0.16 ac
Current owner
From public records · entity-resolved
Marcia Jones
Individual
Free & Clear · 0 yrs held
Mailing address
934 6TH AVE W, BIRMINGHAM, AL 35204-3405
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 4, 2025
$15,000
Marcia Jones
Mary Elizabeth Cargill
Warranty Deed
—
Jan 31, 2025
$7,500
Anthony Mcdaniels
Marion Cargill
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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