300 Dove St Birmingham, AL 35217-2019
Entity Owned
3-yr Hold
Free & Clear
Estimated value (blended)
$555k
Range $500k – $611k (±10%)
Implied cap rate
2.30%
In-place · NOI ÷ last sale
Property ID
US03-0752561
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1975
Total area
1,088 SF
Lot
2.2 ac (95,832 SF)
Zoning code
M1
APN
23-00-05-2-001-013.000
UPID
US03-0752561
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$540k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$353k
Blend (final)
Blend
$555k
Owner & transaction history
since 2023
Last sale
$505,000
5 recorded transactions
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 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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 13 comparables with addresses
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$555k
Value range
$500k – $611k
±10% around blend
Estimated value / SF
$510 / SF
Confidence
High
13 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
100
$500k
blend $555k
$611k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
1,088 SF
Lot area
2.2 ac
Year built
1975
Stories
1
APN
23-00-05-2-001-013.000
Assessed value
$33,180
Annual tax
$1,444
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$187k
Weighted, 13 comps · high confidence
Evidence
13 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
5.3 mi away · 1,204 SF
6.5 mi away · 1,216 SF
9.3 mi away · 1,380 SF
11.2 mi away · 1,186 SF
12.2 mi away · 1,222 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$555k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 36 sales
$135
+277%
Submarket 740 sales
$134
+279%
County 1088 sales
$116
+340%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $510/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 13 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
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Overview
Implied cap rate
2.30%
Implied, in-place cap rate for this office spaces
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
NOI (est.)
$35k *
Last sale · Apr 2023
$505k
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.54M
Move the market yield to see immediate price impact.
Value / SF
$1,413
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
1.80%2.30%2.80%
$32k
$1.77M
$1.38M
$1.14M
$35k
$1.96M
$1.54M
$1.26M
$39k
$2.16M
$1.69M
$1.39M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
13 found
High confidence · county-verified
Closest comparable
$35k
2.4 mi · Oct 2025 · $27/SF
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$1,444
Tax year 2022
Assessed value
$33,180
Assessed 2023
Previous assessed
$25,600
+29.6% YoY
Effective rate
4.35%
On assessed value
Assessed land
$11,440
Assessed improvement
$21,740
Land market value
$57,200
Improvement market value
$108,700
Total market value
$165,900
Applied tax rate
18.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1975
Heating
FORCED AIR
Cooling
YES
Stories
1
Bathrooms
3
Total area
1,088 SF
Lot
2.2 ac (95,832 SF)
Zoning code
M1
APN
23-00-05-2-001-013.000
UPID
US03-0752561
Jurisdiction
JEFFERSON
Zoning & alternative use
M1 · Birmingham, ALZoning M1 · permitted uses
M1 · Birmingham, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
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
Building & site characteristics
From public records
Year built
1975
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
3
Lot
2.2 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
M1
INDUSTRIAL
Jurisdiction
Birmingham, AL
Recorded code
M1
Official district
M1
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for M1 in Birmingham, AL.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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