Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1802 Polly Reed Dr Center Point, AL 35215-0620

    • Garden apartment buildings
    • 7,986 SF
    • 1.61 lot acres
    OFF-MARKET
    Value Estimation
    $1,095,000
    Last Sale
    Nov 02, 2022
    $1,320,000
    Location Intelligence
    Property ID
    US03-0084238
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Garden apartment buildings

    Property Details for 1802 Polly Reed Dr

    Year built
    1969
    Lot size
    1.61 lot acres
    Property size
    7,986 SF
    Zone code
    C1R4
    Property type
    Garden apartment buildings
    APN
    12-00-18-4-004-028.000
    APU
    1200184004028000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,020,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,265,000
      6.5%
      $1,495,000
      7%
      $1,455,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,475,000
      Geo Method
      $1,310,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,125,000
      Retail
      $1,100,000
      Mixed-Use
      $1,290,000
      Hospitality
      $1,415,000
      Educational
      $1,340,000
      Residential Income
      $1,380,000
      Energy
      $1,205,000
      Income-Based Land
      $1,110,000
      Food Service
      $1,255,000

    Location Insight

    • Map
    • Local Demand
    City
    Center Point
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.6818
    Latitude
    33.6349
    CBSA code
    13820
    CBSA name
    BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $4,313
    $20,980
    $256,080
    $277,060
    -
    $104,900
    $1,280,400
    $1,385,300

    Comparable in this City

    • Value Estimation by Request
      11,104 SF

      713 24th NW Ave

      GARDEN APT, COURT APT (5+ UNITS) • 11,104 SF
      713 24th NW Ave, Birmingham, AL 35215-3068
      View Details
    • Value Estimation by Request
      12,228 SF

      137 25th NW Ave

      GARDEN APT, COURT APT (5+ UNITS) • 12,228 SF
      137 25th NW Ave, Center Point, AL 35215-3512
      View Details
    • Value Estimation by Request
      12,228 SF

      107 25th NW Ave

      GARDEN APT, COURT APT (5+ UNITS) • 12,228 SF
      107 25th NW Ave, Center Point, AL 35215-3581
      View Details
    • Value Estimation by Request
      12,228 SF

      2401 1st NW Pl

      GARDEN APT, COURT APT (5+ UNITS) • 12,228 SF
      2401 1st NW Pl, Center Point, AL 35215-3589
      View Details
    • Value Estimation by Request
      13,668 SF

      344 20th NE Ave

      GARDEN APT, COURT APT (5+ UNITS) • 13,668 SF
      344 20th NE Ave, Center Point, AL 35215-4944
      View Details
    • Value Estimation by Request
      6,420 SF

      108 16th NE Ave

      GARDEN APT, COURT APT (5+ UNITS) • 6,420 SF
      108 16th NE Ave, Center Point, AL 35215-5661
      View Details

    Similar Nearby for Sale

    • $4,000,000
      34.00 Acres

      Birmingham Commercial Land Investment

      34 Acres, A1 Zoning, Prime Location
      5061 Pinson Vly Pkwy, Center Point, AL 35215
      View Details
    • $250,000
      1,698 SF

      Center Point Office Building & Land

      Freestanding Office, High Traffic Area, $250K
      2232 Center Point Pkwy, Birmingham, AL 35215
      View Details
    • Contact for pricing
      0.55 Acres

      Residential Lot in Birmingham, AL

      Residential land available for custom home construction in Birmingham.
      2129 Park Brook Ln, Birmingham, AL 35215
      View Details
    • Contact for pricing
      0.55 Acres

      Residential Land in Birmingham, AL

      0.55 acre residential land available in Birmingham, Alabama.
      2127 Park Brook Ln, Birmingham, AL 35215
      View Details
    • $189,000
      31.49 Acres

      31.49 Acres in Birmingham, AL

      31.49 acres of land suitable for commercial or residential development.
      6147 Red Hollow Rd, Birmingham, AL 35215
      View Details
    • $937,500
      12,500 SF

      Pinson Valley Parkway Warehouse

      Birmingham Industrial Property: 12,500 SF
      4485 Pinson Valley Pkwy, Birmingham, AL 35215
      View Details

    Similar Nearby for Lease

    • $8 SF/Yr
      6,144 SF

      Parkway East Office Building for Lease

      Birmingham Office Space, High Visibility
      9433 Parkway, Birmingham, AL 35215
      View Details
    • $168 SF/Yr
      6,000 SF

      Center Point Parkway Office Space

      Birmingham Office Building: 6,000 sq ft available
      2500 Center Point Pkwy, Birmingham, AL 35215
      View Details
    • Contact for pricing
      148,275 SF

      Center Point Retail Center Investment

      High-traffic retail space available in Alabama
      1671 Ctr Pt Pkwy, Center Point, AL 35215
      View Details
    • Contact for pricing
      140,000 SF

      Prime Birmingham Industrial Space

      140,000 SF Warehouse/Manufacturing Facility
      124 Carson Rd, Birmingham, AL 35215
      View Details
    • $9 SF/Yr
      13,905 SF

      Center Point Parkway Retail Space

      Former Walgreens, Drive-Thru, High Visibility
      2301 Center Point Pkwy, Birmingham, AL 35215
      View Details
    • $18 SF/Yr
      125,597 SF

      Concourse 100 Office Space for Lease

      Birmingham Office Building, Flexible Suites Available
      100 Concourse Pkwy, Birmingham, AL 35215
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1802 Polly Reed Dr
    Center Point, AL 35215-0620
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.