Technical
Financial
Distress signals
Property profile

1923 3rd N Ave Birmingham, AL 35203

OFF-MARKET
Investment properties
Property ID
US03-0888037
7,280 SF 0.08 ac lot Built 1924
Entity Owned 4-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1924
Total area 7,280 SF
Lot 0.08 ac (3,605 SF)
Zoning code B4
APN 22-00-36-2-018-001.000
UPID US03-0888037

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
  • Real Estate Agency
  • Property Management Company
  • IT Consulting Firm
  • Real Estate Agency

Location

1923 3rd N Ave Birmingham, AL 35203-3501
Birmingham metro Census 2701 BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.15M
CAP Approach CAP
$1.30M
Comparable Approach Comparable
$1.20M
Blend (final) Blend
$1.11M

Owner & transaction history

since 2022
Last sale
$1.4M
1 recorded transaction
2022
$1.4M

Zoning & alternative use

B4 · Birmingham, AL
Zoning description

Ordinance, when referred to in this Section, are the regulations in the B-4 Central Business District. Subsection 2. Use regulations. The use regulations are the same as those in the B-3 Community Business District. Subs…

General category COMMERCIAL
Top alternative use upside
Neighborhood: shopping center $2.0M +139.6%
Apartment house (5+ units) $1.5M +78.7%
Medical building $1.3M +57.8%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1923 3rd N Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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