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Property profile & analytics
OFF-MARKET Estimated value $1,865,000
Warehouses

2700 Republic Blvd Birmingham, AL 35214-5974

61,943 SF 4.17 ac lot Built 1975
Entity Owned 6-yr Hold Free & Clear
Property ID
US03-0370603
Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1975
Total area 61,943 SF
Lot 4.17 ac (181,645 SF)
Zoning code M2
APN 22-00-29-4-000-008.000
UPID US03-0370603
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.62M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.60M
Blend (final) Blend
$1.87M
Owner & transaction history
Mgn Holding LLC · 6 yrs held
Mgn Holding LLC
since 2020
Last sale
$2.1M
5 recorded transactions
2020
$2.1M
2016
$12.9M
2008
$1.3M
1999
Price N/A
1969
Price N/A
Zoning & alternative use
M2 · Birmingham, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Section 3. M-2, Heavy Industrial District. Subsection 1. Generally. The regulations set forth in this Section or set forth in this Ordinance, when referred to in this Section, are the regulations of the M-2 Heavy Industrial District. Subsection 2. Use Regulations. A building or premises shall be used only for the following purposes: 1. Any use permitted in t…

Zone name Heavy Industrial
General category INDUSTRIAL
Zone area 3,860.46 ac
Source Planning/Zoning (MapServer)
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