Technical
Financial
Distress signals
Property profile

1928 Vanderbilt Rd Birmingham, AL 35234

OFF-MARKET
Turn key restaurants
Property ID
US03-0044409
2,346 SF 0.26 ac lot Built 1945
Entity Owned 7-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1945
Total area 2,346 SF
Lot 0.26 ac (11,400 SF)
Zoning code M2
APN 23-00-18-3-002-008.000
UPID US03-0044409

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
  • Restaurant
  • Specialty Food Shop Fish Market

Location

1928 Vanderbilt Rd Birmingham, AL 35234-1457
Birmingham metro Census 700 BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$190k

Owner & transaction history

since 2019
5 recorded transactions
2019
$100,000
2013
$32,000
2009
$94,463
2005
$144,000
1969
Price N/A

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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