Technical
Financial
Distress signals
Property profile

300 24Th St S Birmingham, AL 35233

FOR SALE
Turn key restaurants
Property ID
US03-0496805
12,981 SF 0.23 ac lot Built 1930
Individually Owned Free & Clear
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Property summary

AI-generated overview

This exceptional 300 24th St S Birmingham, AL 35233 commercial land parcel presents a unique investment opportunity. Priced at $599,900, this property boasts an unparalleled location with exceptional visibility and high daily traffic volume. Located in Jefferson County, Alabama, the site benefits from a strategic position along a major thoroughfare, with an estimated 300,000 vehicles passing by daily. This high traffic count ensures significant exposure for any business established here. The property is classified as commercial land, offering considerable flexibility for a wide range of commercial developments. Its prime location in Birmingham makes it an attractive prospect for businesses seeking high visibility and accessibility. The exact size of the land parcel is not specified, but the high traffic count and asking price suggest a significant area suitable for substantial development. This is a rare opportunity to acquire a highly visible commercial property in a thriving Alabama city. Serious inquiries are encouraged to explore the potential of this exceptional location.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1930
Total area 12,981 SF
Lot 0.23 ac (10,000 SF)
Zoning code M1
APN 22-00-36-4-004-001.000
UPID US03-0496805

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
  • Nightclub DJ & Entertainment

Location

300 24Th St S Birmingham, AL 35233
Birmingham metro Census 4502 BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2026
Last sale
$345,000
7 recorded transactions
2026
$507,500
2024
$345,000
2017
Price N/A
2017
$400,000
2012
$370,000
2012
$600,000
2002
Price N/A

Zoning & alternative use

M1 · Birmingham, AL
Zoning description

The purpose of the M1 Light Manufacturing District is provide for contractor or construction equipment dealer yard, grain and feed storage, heating fuel or building material storage or wholesaling, manufacturing, fabrica…

General category INDUSTRIAL

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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