2317 2nd S Ave Birmingham, AL 35233-2411
Property profile & analytics
2317 2nd S Ave, Birmingham, AL 35233-2411
- Investment properties
- 7,846 SF
- 0.32 lot acres
Property ID
US03-0576187
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.
Location Intelligence
Current Use by Public Records
- Business Systems, Inc. / Tech Support Center / (Bike/Boat/Book/etc) Store
- Cw Woods Contracting Services Inc / Construction Company / General Contractor
Property Details for 2317 2nd S Ave
- Year built
- 1955
- Lot size
- 0.32 lot acres
- Zone code
- M1
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 22-00-36-1-016-003.000
- APU
- 2200361016003000
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,520,000
- 6.5%
- $1,400,000
- 7%
- $1,300,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,225,000
Market price range: $680k - $2.38M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,580,000 Current use
- APARTMENT HOUSE (5+ UNITS)
- $1,580,000 Change: +0% Conversion: Moderate
- MEDICAL BUILDING
- $1,395,000 Change: -12% Conversion: Easy
- OFFICE BUILDING
- $1,310,000 Change: -17% Conversion: Easy
- AUTO REPAIR, GARAGE
- $1,265,000 Change: -20% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Birmingham
- County
- Jefferson
- State
- Alabama
- Longitude
- -86.7983
- Latitude
- 33.5129
- 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
$9,735
$89,600
$61,880
$151,480
-
$448,000
$309,400
$757,400
