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Property profile & analytics
OFF-MARKET Estimated value $1,075,000
Manufacturing properties

2931 7th N Ave Birmingham, AL 35203-2918

15,577 SF 1.92 ac lot Built 1935
Entity Owned 3-yr Hold Free & Clear
Property ID
US03-1015279
Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1935
Total area 15,577 SF
Lot 1.92 ac (83,635 SF)
Zoning code M2
APN 23-00-30-3-026-001.000
UPID US03-1015279
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
  • S & B Industrial Minerals Factory Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.10M
Comparable Approach Comparable
$1.20M
Blend (final) Blend
$1.08M
Owner & transaction history
Tower Lot 1 LLC · 3 yrs held
Tower Lot 1 LLC
since 2022
2 recorded transactions
2022
Price N/A
2007
$975,000
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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