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Property profile & analytics
OFF-MARKET
Estimated value
$2,915,000
Office Spaces
2511 Ruffner Rd Birmingham, AL 35210-3935
Individually Owned
2-yr Hold
Free & Clear
Property ID
US03-0721719
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1985
Total area
11,144 SF
Lot
3.8 ac (165,528 SF)
Zoning code
I1
APN
24-00-05-3-000-010.001
UPID
US03-0721719
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
-
T.E. Stevens Construction General Contractor Construction Company
-
Tomahawk Fabrication Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.99M
Comparable Approach
Comparable
$3.85M
Blend (final)
Blend
$2.92M
Owner & transaction history
Longmeadow Homeowners Association I · 2 yrs held
Longmeadow Homeowners Association I
since 2024
5 recorded transactions
Zoning & alternative use
I1 · Birmingham, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.0M
+67.8%
Neighborhood: shopping center
$3.0M
+65.9%
Apartment house (5+ units)
$2.2M
+23.7%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,155,000
6.5%
$1,990,000
7%
$1,850,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,815,000
Current use
RESTAURANT
$3,045,000
Change: +68% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,015,000
Change: +66% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,245,000
Change: +24% · Conversion: Moderate
MEDICAL BUILDING
$1,985,000
Change: +9% · Conversion: Easy
OFFICE BUILDING
$1,865,000
Change: +3% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,795,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$2.92M
Range $2.62M – $3.21M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$262 / 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
$19,549
Tax year 2022
Assessed value
$367,460
Assessed 2023
Previous assessed
$367,460
+0.0% YoY
Effective rate
5.32%
On assessed value
Assessed land
$90,808
Assessed improvement
$276,652
Land market value
$455,200
Improvement market value
$1,386,800
Total market value
$1,842,000
Applied tax rate
13.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1985
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
11,144 SF
Lot
3.8 ac (165,528 SF)
Zoning code
I1
APN
24-00-05-3-000-010.001
UPID
US03-0721719
Jurisdiction
JEFFERSON
Zoning & alternative use
I1 · Birmingham, AL
Zoning I1 · permitted uses
I1 · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.8M
RESTAURANT
Est. value
$3.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.2M
MEDICAL BUILDING
Est. value
$2.0M
OFFICE BUILDING
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$1.8M
COMMERCIAL (GENERAL) Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1985
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
3.8 ac
Current owner
From public records · entity-resolved
Longmeadow Homeowners Association I
Individual
Free & Clear · 2 yrs held
Mailing address
2700 HWY 280TH S, MOUNTAIN BRK, AL 35223-2420
Ownership since
2024
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
May 15, 2024
—
Longmeadow Homeowners Association I
T E Stevens Company INC
Warranty Deed
—
Dec 14, 2020
—
Te Stevens Co INC
—
Deed
related
$2,575,000 · Bancorpsouth
Aug 31, 2018
$450,000
T E Stevens Co INC
Jeta Realty LLC
Warranty Deed
$360,000 · Servisfirst Bank
Aug 24, 2018
$450,000
T E Stevens Co INC
Jeta Realty LLC
Warranty Deed
$360,000 · Servisfirst Bank
—
—
Te Stevens Co INC
—
Deed Of Trust
related
$2,575,000 · Bancorpsouth
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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