Technical
Financial
Distress signals
Property profile

2831 Highland S Ave Birmingham, AL 35205

OFF-MARKET
Assisted living facilities
Property ID
US03-0626970
50,907 SF 1.08 ac lot Built 1926
Entity Owned Free & Clear
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1926
Total area 50,907 SF
Lot 1.08 ac (47,088 SF)
Zoning code R7
APN 23-00-31-4-032-002.000
UPID US03-0626970

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Nursing Home
  • Physician
  • Physician
  • Rehabilitation Center

Location

2831 Highland S Ave Birmingham, AL 35205-1801
Birmingham metro Census 4701 BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$1.85M

Owner & transaction history

Zoning & alternative use

R7 · Birmingham, AL
Zoning description

when referred to in this Section, are the regulations in the R -7 Multiple Dwelling District. Subsection 2. Use regulations. A building or premises shall be used only for the following purposes: 1. Any use permitted in t…

General category RESIDENTIAL
Top alternative use upside
Retail stores $2.9M +73.5%
Apartment house (5+ units) $2.2M +31.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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