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Property profile & analytics
OFF-MARKET
Estimated value
$680,000
Strip malls
2408 Carson Rd Birmingham, AL 35215-3102
Entity Owned
4-yr Hold
Free & Clear
Property ID
US03-0203691
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1981
Total area
19,776 SF
Lot
1.75 ac (76,230 SF)
Zoning code
CB2
APN
13-00-14-1-000-011.000
UPID
US03-0203691
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
-
Prince and Princess Party Palace Event Planning Party Supply Store
-
Decisive Solutions LLC Tax Preparation
-
MediaPro Hub Inc (Bike/Boat/Book/etc) Store Photography Service
-
Naked Ink Tattoo & Piercing Shop
-
VA Insurance Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$680k
Owner & transaction history
L B Community Development · 4 yrs held
L B Community Development
since 2021
Last sale
$783,900
4 recorded transactions
Zoning & alternative use
CB2 · Birmingham, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Birmingham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Birmingham submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$34 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$9,709
Tax year 2022
Assessed value
$156,780
Assessed 2023
Previous assessed
$133,920
+17.1% YoY
Effective rate
6.19%
On assessed value
Assessed land
$27,440
Assessed improvement
$129,340
Land market value
$137,200
Improvement market value
$646,700
Total market value
$783,900
Applied tax rate
34.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1981
Heating
FORCED AIR
Cooling
YES
Stories
1
Bathrooms
1
Total area
19,776 SF
Lot
1.75 ac (76,230 SF)
Zoning code
CB2
APN
13-00-14-1-000-011.000
UPID
US03-0203691
Jurisdiction
JEFFERSON
Zoning & alternative use
CB2 · Birmingham, AL
Zoning CB2 · permitted uses
CB2 · Birmingham, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Birmingham. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1981
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
1.75 ac
Current owner
From public records · entity-resolved
L B Community Development
Entity
Free & Clear · 4 yrs held
Mailing address
2408 CARSON RD, BIRMINGHAM, AL 35215-3102
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 23, 2021
—
L B Community Development
J Bradshad Investment
Quit Claim Deed
related
—
Apr 3, 2014
$70,000
J Brashad Investments
Bayview Ln Svcg LLC
Grant Deed
—
Dec 1, 2010
—
Bayview Loan Svcng LLC
Owner Name Unavailable
Grant Deed
related
—
Dec 16, 2004
—
Hines,henry H JR
Jpr Trust 010199
Grant Deed
$393,750 · Investors Cap
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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