Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    313 14th NW Ave Center Point, AL 35215-6010
    Back to Search
    Property profile & analytics

    313 14th NW Ave, Center Point, AL 35215-6010

    View on Map
    • Commercial land
    • 1,442 SF
    • 0.23 lot acres
    Off-Market
    Last Sale Jun 18, 2021
    $4,500
    Property ID
    US03-0006671
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial land

    Property Details for 313 14th NW Ave

    Year built
    1962
    Lot size
    0.23 lot acres
    Zone code
    R2
    Property type
    Commercial land
    APN
    13-00-24-4-019-004.000
    APU
    1300244019004000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 18, 2021 $4,500 Ct Mogul Grp LLC Vb One LLC Warranty Deed —
    Mar 12, 2021 — Vb One LLC Rex Residential Property Owner A Ll Warranty Deed —
    Apr 20, 2018 $624,500 Rex Residl Prop Owner A LLC Rex Residl Prop Owner LLC Warranty Deed · related —
    Aug 29, 2017 $55,000 Rex Residential Prop Owner LLC Littleton Investments INC Warranty Deed —
    Jan 30, 2013 — Littleton Investments INC — Trustees Deed · related $50k · Hometown Bk
    Mar 2, 2011 $20,000 Littleton Investments INC Owner Name Unavailable Grant Deed · related —
    Aug 26, 2010 — Citicorp Trust Bk Owner Name Unavailable Grant Deed · related —
    Dec 8, 2005 $92,000 Bouyer,christopher Davis,chris Grant Deed $92k · First Franklin
    Oct 12, 2005 $72,500 David,chris Dgw Properties LLC Grant Deed —
    Mar 22, 2004 — Dgw Properties LLC Weyandt,charles G & Deborah D Warranty Deed · related —
    Nov 22, 1999 $50,000 Partners Construction Darwin,james S Grant Deed —
    — — Bouyer,christopher — Deed Of Trust · related $108k · Capital One Hm Lns
    — — Littleton Investments INC — Deed Of Trust · related $50k · Hometown Bk/al

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Center Point
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.6929
    Latitude
    33.6217
    CBSA code
    13820
    CBSA name
    BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $127
    $2,300
    $0.00
    $2,300
    -
    $11,500
    $0.00
    $11,500

    Comparable in this City

    • Value Estimation by Request
      0.69 Acres

      206 21st NE Ave

      VACANT COMMERCIAL LAND
      206 21st NE Ave, Center Point, AL 35215-4633
      View Details
    • Value Estimation by Request
      0.39 Acres

      645 16th Ter NW Cir

      VACANT COMMERCIAL LAND
      645 16th Ter NW Cir, Center Point, AL 35215-5327
      View Details
    • Value Estimation by Request

      311 18th NE Ave

      VACANT COMMERCIAL LAND
      311 18th NE Ave, Center Point, AL 35215-5732
      View Details
    • Value Estimation by Request
      1.90 Acres

      3365 1st St

      VACANT COMMERCIAL LAND
      3365 1st St, Birmingham, AL 35215-1095
      View Details
    • Value Estimation by Request

      1119 James Blackburn Ct

      VACANT COMMERCIAL LAND
      1119 James Blackburn Ct, Birmingham, AL 35215-6900
      View Details
    • Value Estimation by Request
      0.30 Acres

      220 Jupiter Dr

      VACANT COMMERCIAL LAND
      220 Jupiter Dr, Center Point, AL 35215-1156
      View Details

    Similar Nearby for Sale

    • $49,900
      5.00 Acres

      Undeveloped Land Near Downtown Birmingham

      5-acre undeveloped land parcel minutes from downtown Birmingham, Alabama.
      2520 Sweeney Hollow Rd, Birmingham, AL 35215
      View Details
    • Contact for pricing
      0.38 Acres

      Land For Sale, Birmingham

      Land available in Birmingham, Alabama.
      2124 Redwood Cir, Birmingham, AL 35215
      View Details
    • Contact for pricing

      Commercial Land For Sale

      Commercial land with over 600 feet of frontage.
      4030 Center Point Pkwy, Birmingham, AL 35215
      View Details
    • Contact for pricing

      Commercial Lot in Pinson Valley

      0.51-acre commercial lot suitable for business, office, or retail.
      5732 Walnut Grove Rd, Birmingham, AL 35215
      View Details
    • Contact for pricing

      Highway Frontage Commercial Land

      Commercial land with extensive highway frontage available for sale.
      5061 Pinson Valley Pkwy, Pinson, AL 35215
      View Details
    • Contact for pricing

      Ridge Top Building Sites

      Private ridge top building sites with potential for development.
      5388 Red Hollow Rd, Birmingham, AL 35215
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Storefront Space on the Parkway

      Storefront space with easy access and great visibility.
      1719 Center Point Pkwy, Center Point, AL 35215
      View Details
    • $6 SF/Yr

      Pinson Valley Warehouse & Manufacturing

      Freestanding warehouse and manufacturing facility with potential CSX rail access.
      124 Carson Rd N, Birmingham, AL 35215
      View Details
    • $9 SF/Yr
      13,905 SF

      Center Point Parkway Retail Space

      Former Walgreens, Drive-Thru, High Visibility
      2301 Center Point Pkwy, Birmingham, AL 35215
      View Details
    • Contact for pricing

      Renovated Office Building For Rent

      Recently renovated office building in North Shelby County available for rent.
      100 Concourse Pkwy, Birmingham, AL 35215
      View Details
    • Contact for pricing

      Office Space with Parkway Access

      Office property with great visibility and access to major routes.
      9433 Parkway E, Birmingham, AL 35215
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    313 14th NW Ave
    Center Point, AL 35215-6010
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    313 14th NW Ave, Center Point, AL, 35215
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!