Property profile

1928 1st N Ave Birmingham, AL 35203

OFF-MARKET
Hotels
Property ID
US03-0683088
15,000 SF 0.11 ac lot Built 1909
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 1909
Construction CONCRETE
Total area 15,000 SF
Lot 0.11 ac (5,000 SF)
Zoning code B4
APN 22-00-36-2-017-020.000
UPID US03-0683088

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
  • Hotel & Motel
  • Bar & Pub
  • Restaurant

Location

1928 1st N Ave Birmingham, AL 35203-4006
Birmingham metro Census 2701 BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$625k
CAP Approach CAP
$1.09M
Comparable Approach Comparable
$988k
Blend (final) Blend
$900k

Owner & transaction history

since 2018
2 recorded transactions
2018
Price N/A
1969
Price N/A

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

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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