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Property profile & analytics
OFF-MARKET
Specialty properties

2021 Kentucky Ave Vestavia Hills, AL 35216-1905

2,567 SF 0.26 ac lot Built 1955
Entity Owned 8-yr Hold Free & Clear
Property ID
US03-0385526
Property summary
AI-generated overview

This 2,400 square foot vacant medical office building is located at 2021 Kentucky Avenue in Birmingham, Alabama, zip code 35216. The property is situated in Vestavia Hills, a high-income area with an average household income exceeding $115,000 within a 5-mile radius. Priced at $650,000 ($270.83 per square foot), this single-tenant building offers an excellent owner/user opportunity. Previously a successful veterinary clinic, it boasts a history of medical use and is ideally suited for a similar tenant. Alternatively, its zoning allows for retail use. The building offers convenient access to Highway 31 (Montgomery Highway), experiencing over 36,000 vehicles daily, and includes 18 on-site parking spaces. This presents a turnkey solution for a new medical practice or a retail business seeking a high-visibility location in a thriving community. The property is 0.13 miles from Highway 31. This is a rare opportunity to acquire a well-located, established medical building in a strong market.

Property profile
Verified
Property type Specialty properties
Use group VETERINARY, ANIMAL HOSPITAL
Year built 1955
Total area 2,567 SF
Lot 0.26 ac (11,250 SF)
Zoning code B2
APN 28-00-30-2-002-002.000
UPID US03-0385526
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
D D Associates LLC · 8 yrs held
D D Associates LLC
since 2017
1 recorded transaction
2017
$208,500
Zoning & alternative use
B2 · Vestavia Hills, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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