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    Property profile & analytics

    2000 10th W St Birmingham, AL 35204-1300

    • Garden apartment buildings
    • 7,368 SF
    • 6.30 lot acres
    OFF-MARKET
    Value Estimation
    $595,000
    Last Sale
    Feb 25, 2025
    $700,000
    Location Intelligence
    Property ID
    US03-0482358
    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 2000 10th W St

    Year built
    1949
    Lot size
    6.30 lot acres
    Property size
    7,368 SF
    Zone code
    R6
    Property type
    Garden apartment buildings
    APN
    22-00-28-1-008-004.000
    APU
    2200281008004000

    Description

    This exceptional 72-unit apartment building, located at 2000 10th St W in Birmingham, Alabama, presents a compelling value-add investment opportunity. Currently vacant, this Class D property, built in 1949, sits on a substantial 5.53-acre lot (APN: 22-00-28-1-008-004.000) and is zoned R6, offering significant redevelopment potential. The property's prime location, less than 10 minutes from downtown Birmingham, ensures high demand for rental units. The single-story structure provides a blank canvas for a complete transformation, allowing for the addition of modern amenities and common areas to create a highly desirable community. This is an ideal project for developers and investors seeking to capitalize on the strong rental market and increase rental income through repositioning or renovation. The asking price is $950,000. This represents a unique chance to create a thriving, modern apartment complex in a rapidly growing area. The property's size and zoning allow for a wide range of development possibilities, making it an attractive investment for those with a vision for urban revitalization. The opportunity to reshape the existing structure and create a community that meets today's lifestyle demands is significant. This is a chance to build a profitable and impactful project in a prime Birmingham location.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $570,000

    • CAP approach

      CAP return
      Estimation
      6%
      $655,000
      6.5%
      $670,000
      7%
      $655,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $675,000
      Geo Method
      $745,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $815,000
      Retail
      $625,000
      Mixed-Use
      $700,000
      Hospitality
      $825,000
      Educational
      $740,000
      Residential Income
      $735,000
      Energy
      $775,000
      Income-Based Land
      $720,000
      Food Service
      $605,000

    Location Insight

    • Map
    • Local Demand
    City
    Birmingham
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.8535
    Latitude
    33.53
    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
    $24,873
    $45,611
    $112,369
    $157,980
    -
    $617,500
    $1,521,300
    $2,138,800

    Comparable in this City

    • Value Estimation
      $420,000
      3,682 SF

      903 3rd W St

      GARDEN APT, COURT APT (5+ UNITS) • 3,682 SF
      903 3rd W St, Birmingham, AL 35204
      View Details
    • Value Estimation
      $530,000
      8,264 SF

      1309 22nd N Ave

      GARDEN APT, COURT APT (5+ UNITS) • 8,264 SF
      1309 22nd N Ave, Birmingham, AL 35204-1637
      View Details
    • Value Estimation
      $310,000
      5,372 SF

      112 9th W Ave

      GARDEN APT, COURT APT (5+ UNITS) • 5,372 SF
      112 9th W Ave, Birmingham, AL 35204-3144
      View Details
    • Value Estimation
      $185,000
      3,008 SF

      1616 9th W Pl

      GARDEN APT, COURT APT (5+ UNITS) • 3,008 SF
      1616 9th W Pl, Birmingham, AL 35204
      View Details
    • Value Estimation by Request
      3,216 SF

      227 Reverend Abraham Woods Jr Blvd

      GARDEN APT, COURT APT (5+ UNITS) • 3,216 SF
      227 Reverend Abraham Woods Jr Blvd, Birmingham, AL 35204-3787
      View Details
    • Value Estimation
      $295,000
      3,066 SF

      206 Graymont N Ave

      GARDEN APT, COURT APT (5+ UNITS) • 3,066 SF
      206 Graymont N Ave, Birmingham, AL 35204-4219
      View Details

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    Similar Nearby for Lease

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    • Contact for pricing
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    2000 10th W St
    Birmingham, AL 35204-1300
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    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
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