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Property profile & analytics
FOR LEASE
Investment properties
2701 Cahaba Rd Mountain Brook, AL 35223
Entity Owned
3-yr Hold
Free & Clear
Property ID
US03-0657704
For Lease
1 / 2
$2,660,000
2701 Cahaba Rd, Mountain Brook, AL 35223
View Listing →
Property summary
AI-generated overview
This exceptional three-story retail property, located at 2701 Cahaba Road in the vibrant Mountain Brook Village, offers a unique opportunity for businesses seeking high-visibility space. Situated on the corner of Cahaba Road and Culver Road, adjacent to Lane Parke, this location boasts unparalleled access to a thriving community of upscale boutiques, restaurants, and amenities. The building totals 9,846 square feet, with flexible space options available. Two spaces are currently available, ranging from a minimum of 2,169 square feet to a maximum contiguous space of 6,200 square feet
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1996
Total area
12,196 SF
Lot
0.13 ac (5,750 SF)
Zoning code
LB
APN
28-00-08-2-003-004.000
UPID
US03-0657704
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
$2.81M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.69M
Blend (final)
Blend
$2.66M
Owner & transaction history
Mbv II LLC · 3 yrs held
Mbv II LLC
since 2023
Last sale
$3.6M
4 recorded transactions
Zoning & alternative use
LB · Mountain Brk, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.1M
+120.1%
Apartment house (5+ units)
$2.4M
+71.3%
Medical building
$1.9M
+37.2%
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 Mountain Brook submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mountain Brook 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
$2,965,000
ML approach
$2,805,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$3,115,000
Change: +120% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,425,000
Change: +71% · Conversion: Moderate
MEDICAL BUILDING
$1,940,000
Change: +37% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,725,000
Change: +22% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,720,000
Change: +22% · Conversion: Difficult
Blend value · Realmo final
$2.66M
Range $2.39M – $2.93M · ±10% · vs last sale $3.55M (Mar 22 2023)
Last sale anchor
$3.55M
Mar 22 2023
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
$218 / 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
$37,097
Tax year 2022
Assessed value
$391,000
Assessed 2023
Previous assessed
$340,340
+14.9% YoY
Effective rate
9.49%
On assessed value
Assessed land
$48,300
Assessed improvement
$342,700
Land market value
$241,500
Improvement market value
$1,713,500
Total market value
$1,955,000
Applied tax rate
17.0000
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
1996
Heating
FORCED AIR
Cooling
YES
Stories
2
Bathrooms
1
Total area
12,196 SF
Lot
0.13 ac (5,750 SF)
Zoning code
LB
APN
28-00-08-2-003-004.000
UPID
US03-0657704
Jurisdiction
JEFFERSON
Zoning & alternative use
LB · Mountain Brk, AL
Zoning LB · permitted uses
LB · Mountain Brk, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mountain Brk. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$3.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.4M
MEDICAL BUILDING
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$1.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.7M
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
1996
Heating
FORCED AIR
Cooling
Yes
Stories
2
Bathrooms
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
Mbv II LLC
Entity
Free & Clear · 3 yrs held
Mailing address
2000 MORRIS AVE APT #1300, BIRMINGHAM, AL 35203-4163
Ownership since
2023
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
Feb 14, 2024
—
Mbv II LLC
—
Deed
related
$750,000 · Commerceone Bank
Mar 22, 2023
$3,550,000
Mbv II LLC
Barton Clay Building LLC
Warranty Deed
—
Jul 28, 2020
—
Barton Clay Building LLC
—
Deed
related
$1,010,180 · Community Bank
Jan 1, 1994
$100,000
New Owner
Rutland,helen Fr
Grant Deed
related
—
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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