Property profile

3029 2nd S Ave Birmingham, AL 35233

OFF-MARKET
Office Spaces
Property ID
US03-0828324
9,675 SF 0.24 ac lot Built 1935
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1935
Total area 9,675 SF
Lot 0.24 ac (10,486 SF)
Zoning code M1
APN 23-00-31-2-005-001.000
UPID US03-0828324

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
  • Business Management Consultant Construction Company

Location

3029 2nd S Ave Birmingham, AL 35233-3001
Birmingham metro Census 2401 BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$730k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$840k

Owner & transaction history

since 2020
Last sale
$872,500
4 recorded transactions
2020
$872,500
2020
$1.7M
2018
$1.5M
2018
$1.3M

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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