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Property profile & analytics
OFF-MARKET
Turn key restaurants

300 24th S St Birmingham, AL 35233-2408

12,981 SF 0.23 ac lot Built 1930
Individually Owned Free & Clear
Property ID
US03-0496805
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Luxe Ultra Lounge Nightclub DJ & Entertainment
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Health Credit Union
Health Credit Union
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
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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