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Property profile & analytics
FOR LEASE
Investment properties
2420 4Th Ave S Birmingham, AL 35233
Entity Owned
4-yr Hold
Free & Clear
Property ID
US03-0513670
For Lease
1 / 6
$3,450/Mo
2420 4Th Ave S, Birmingham, AL 35233
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1955
Total area
2,466 SF
Lot
0.16 ac (7,000 SF)
Zoning code
M1
APN
23-00-31-3-027-007.000
UPID
US03-0513670
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
-
Speedy Print Inc. Event Planning Party Supply Store
-
Baths Barks & Bubbles Pet Spa Inc. Pet Grooming Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Tmws LLC · 4 yrs held
Tmws LLC
since 2021
Last sale
$360,000
5 recorded transactions
Zoning & alternative use
M1 · 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
—
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
$4,391
Tax year 2022
Assessed value
$66,620
Assessed 2023
Previous assessed
$60,560
+10.0% YoY
Effective rate
6.59%
On assessed value
Assessed land
$44,800
Assessed improvement
$21,820
Land market value
$224,000
Improvement market value
$109,100
Total market value
$333,100
Applied tax rate
30.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Lease
Year built
1955
Heating
FORCED AIR
Cooling
YES
Stories
1
Bathrooms
1
Total area
2,466 SF
Lot
0.16 ac (7,000 SF)
Zoning code
M1
APN
23-00-31-3-027-007.000
UPID
US03-0513670
Jurisdiction
JEFFERSON
Zoning & alternative use
M1 · Birmingham, AL
Zoning M1 · permitted uses
M1 · 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
1955
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Tmws LLC
Entity
Free & Clear · 4 yrs held
Mailing address
406 WINDSOR DR, BIRMINGHAM, AL 35209-4430
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 13, 2021
$360,000
Tmws LLC
Fourth Avenue Investors LLC
Warranty Deed
—
Sep 25, 2018
$295,000
Fourth Avenue Investors LLC
Barbour,monica
Warranty Deed
$325,000 · Noble Bk&tr
Jun 27, 2014
$225,000
Monica Barbour
Borden,dennis
Warranty Deed
—
Nov 1, 1992
$93,500
Dennis Alan Borden
Unknown
Grant Deed
—
—
—
Borden,dennis A
—
Deed Of Trust
related
$150,000 · Regions Bk/norcross Ga
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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