Property profile

3029 3rd S Ave Birmingham, AL 35233

OFF-MARKET
Retail properties & Spaces
Property ID
US03-0797683
15,860 SF 0.32 ac lot Built 1953
Entity Owned 12-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Retail properties & Spaces
Use group SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built 1953
Total area 15,860 SF
Lot 0.32 ac (14,000 SF)
Zoning code M1
APN 23-00-31-2-004-001.000
UPID US03-0797683

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3029 3rd S Ave Birmingham, AL 35233-3003
Birmingham metro Census 2401 BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$315k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$410k

Owner & transaction history

since 2014
7 recorded transactions
2014
$550,000
2013
$200,000
2013
$398,500
2004
Price N/A
1996
$330,000
1996
$330,000
1969
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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3029 3rd S Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message