Technical
Financial
Distress signals
Property profile

24 Commerce Ave Bessemer, AL 35023

OFF-MARKET
Warehouses
Property ID
US03-0396202
9,170 SF 2.02 ac lot Built 1994
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1994
Total area 9,170 SF
Lot 2.02 ac (87,991 SF)
Zoning code M1
APN 30-00-29-4-001-014.000
UPID US03-0396202

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
  • Metal Fabrication Plant Factory

Location

24 Commerce Ave Bessemer, AL 35023-2851
Bessemer metro Census 13902 BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$569k
Blend (final) Blend
$260k

Owner & transaction history

since 2025
Last sale
$500,000
2 recorded transactions
2025
$500,000
1989
$100,000

Zoning & alternative use

M1 · Bessemer, AL
Top alternative use upside
Commercial (general) $555,000 +38.3%

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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