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Property profile & analytics
OFF-MARKET Estimated value $1,195,000
Investment properties

2317 2nd S Ave Birmingham, AL 35233-2411

7,846 SF 0.32 ac lot Built 1955
Entity Owned 10-yr Hold ~ Est. High Equity
Property ID
US03-0576187
Property summary
AI-generated overview

This exceptional Class A commercial property, located at 2317 2nd Ave S in Birmingham, Alabama, presents a unique investment opportunity. Boasting 6,877 square feet of versatile space, this property is ideally suited for a variety of businesses. The building's flexible layout encompasses executive office space, flex space, and warehouse capabilities, making it adaptable to diverse operational needs. Built in 1955, the property sits on a substantial 13,253 square foot lot and includes 13 parking spaces, a significant advantage in a busy urban area. The warehouse component features one dock-high door and covered loading, enhancing efficiency for loading and unloading operations. The property benefits from excellent access to major transportation arteries, including Highway 280, I-59, and I-20, ensuring convenient commutes for employees and clients. Its location also offers the added benefit of proximity to the Rotary Trail and numerous restaurants, providing employees with convenient recreational and dining options. Furthermore, the property presents excellent signage opportunities along 2nd Ave S, enhancing visibility and brand recognition. The asking price for this NNN-leased property is $1,200,000. This is a rare opportunity to acquire a well-located, versatile commercial property in a thriving Birmingham neighborhood.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1955
Total area 7,846 SF
Lot 0.32 ac (14,000 SF)
Zoning code M1
APN 22-00-36-1-016-003.000
UPID US03-0576187
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
Current use
Occupant on record · Public records
  • Business Systems, Inc. Tech Support Center (Bike/Boat/Book/etc) Store
  • Cw Woods Contracting Services Inc Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.40M
Comparable Approach Comparable
$1.23M
Blend (final) Blend
$1.20M
Owner & transaction history
Woodfin Group LLC · 10 yrs held
Woodfin Group LLC
since 2016
Last sale
$1.1M
4 recorded transactions
2016
$490,000
2015
$400,000
2009
$387,500
1993
$205,000
Zoning & alternative use
M1 · Birmingham, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units) $1.6M +0.2%
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