Property profile

2113 1st N Ave Birmingham, AL 35203

OFF-MARKET
Investment properties
Property ID
US03-0460574
8,325 SF 0.16 ac lot Built 1910
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1910
Total area 8,325 SF
Lot 0.16 ac (6,840 SF)
Zoning code B4
APN 22-00-36-1-039-004.000
UPID US03-0460574

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
  • Bar & Pub

Location

2113 1st N Ave Birmingham, AL 35203-4201
Birmingham metro Census 2701 BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.49M
Comparable Approach Comparable
$1.38M
Blend (final) Blend
$250k

Owner & transaction history

since 2018
6 recorded transactions
2018
$1.2M
2016
Price N/A
2013
$390,100
2008
$425,000
2006
$175,000
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
Top alternative use upside
Apartment house (5+ units) $1.7M +78.7%
Medical building $1.5M +57.8%
Office building $1.4M +48.2%

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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