Technical
Financial
Distress signals
Property profile

2404 Derby Way Irondale, AL 35210

OFF-MARKET
Turn key restaurants
Property ID
US03-1794477
7,200 SF 1.25 ac lot Built 2006
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2006
Total area 7,200 SF
Lot 1.25 ac (54,450 SF)
Zoning code QM1
APN 24-00-10-2-000-030.000
UPID US03-1794477

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2404 Derby Way Irondale, AL 35210-5443
Irondale metro Census 11115 BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.22M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.14M
Blend (final) Blend
$1.22M

Owner & transaction history

since 2024
Last sale
$1.2M
3 recorded transactions
2025
Price N/A
2024
$1.2M
2014
$710,000

Zoning & alternative use

QM1 · Irondale, AL

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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