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    Property profile & analytics

    240 Gadsden Hwy Birmingham, AL 35235-1006

    • Investment properties
    • 7,000 SF
    • 0.76 lot acres
    OFF-MARKET
    Value Estimation
    $400,000
    Location Intelligence
    Property ID
    US03-0893257
    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.

    Current Use by Public Records

    • Investment properties

    Property Details for 240 Gadsden Hwy

    Year built
    2006
    Lot size
    0.76 lot acres
    Property size
    7,000 SF
    Zone code
    CB2
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    23-00-01-1-003-004.001
    APU
    2300011003004001

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Birmingham
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.6958
    Latitude
    33.5882
    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
    $11,860
    $72,258
    $93,462
    $165,720
    -
    $366,000
    $473,400
    $839,400

    Comparable in this City

    • Value Estimation by Request
      148,558 SF

      5930 Trussville Crossings Blvd

      OFFICE/RESIDENTIAL (MIXED USE) • 148,558 SF
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      View Details
    • Value Estimation
      $195,000
      5,920 SF

      323 Gadsden Hwy

      OFFICE/RESIDENTIAL (MIXED USE) • 5,920 SF
      323 Gadsden Hwy, Birmingham, AL 35235-1019
      View Details
    • Value Estimation
      $365,000
      6,544 SF

      5971 Chalkville Mtn Ln

      OFFICE/RESIDENTIAL (MIXED USE) • 6,544 SF
      5971 Chalkville Mtn Ln, Birmingham, AL 35235-3320
      View Details
    • Value Estimation
      $520,000
      12,000 SF

      1830 Gadsden Hwy

      OFFICE/RESIDENTIAL (MIXED USE) • 12,000 SF
      1830 Gadsden Hwy, Birmingham, AL 35235-3482
      View Details
    • Value Estimation
      $770,000
      12,104 SF

      1879 Gadsden Hwy

      OFFICE/RESIDENTIAL (MIXED USE) • 12,104 SF
      1879 Gadsden Hwy, Birmingham, AL 35235-3213
      View Details
    • Value Estimation
      $370,000
      15,146 SF

      1251 Grayson Vly Pkwy

      OFFICE/RESIDENTIAL (MIXED USE) • 15,146 SF
      1251 Grayson Vly Pkwy, Birmingham, AL 35235-3307
      View Details

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    Birmingham, AL 35235-1006
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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