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Property profile & analytics
OFF-MARKET
Estimated value
$925,000
Manufacturing properties
3131 Richard Arrington Jr N Blvd Birmingham, AL 35203-1312
Individually Owned
1-yr Hold
Free & Clear
Property ID
US03-0987321
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1953
Construction
STEEL FRAME
Total area
16,191 SF
Lot
1.27 ac (55,321 SF)
Zoning code
CM1
APN
23-00-30-2-020-001.000
UPID
US03-0987321
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
-
LD Trucking Trucking Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$925k
CAP Approach
CAP
$1.15M
Comparable Approach
Comparable
$1.10M
Blend (final)
Blend
$925k
Owner & transaction history
Edwin B Lumpkin · 1 yrs held
Edwin B Lumpkin
since 2024
Last sale
$925,000
3 recorded transactions
Zoning & alternative use
CM1 · Birmingham, AL
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Birmingham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Birmingham submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$925,000
ML approach
$925,000
CAP Approach
CAP Return
Estimation
6%
$1,240,000
6.5%
$1,145,000
7%
$1,065,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$685,000
Current use
Blend value · Realmo final
$925k
Range $833k – $1.02M · ±10% · vs last sale $925k (Sep 11 2024)
Last sale anchor
$925k
Sep 11 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$57 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$10,652
Tax year 2022
Assessed value
$182,540
Assessed 2023
Previous assessed
$182,540
+0.0% YoY
Effective rate
5.84%
On assessed value
Assessed land
$54,440
Assessed improvement
$128,100
Land market value
$272,200
Improvement market value
$640,500
Total market value
$912,700
Applied tax rate
35.0000
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1953
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Stories
1
Total area
16,191 SF
Lot
1.27 ac (55,321 SF)
Zoning code
CM1
APN
23-00-30-2-020-001.000
UPID
US03-0987321
Jurisdiction
JEFFERSON
Zoning & alternative use
CM1 · Birmingham, ALZoning CM1 · permitted uses
CM1 · Birmingham, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Planning/Zoning (MapServer)
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$685,000
INDUSTRIAL (GENERAL) Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1953
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.27 ac
Current owner
From public records · entity-resolved
Edwin B Lumpkin
Individual
Free & Clear · 1 yrs held
Mailing address
3131 RICHARD ARRINGTON JR BLVD N, BIRMINGHAM, AL 35203-1312
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 11, 2024
$925,000
Edwin B Lumpkin
Riverfront 1076 LLC
Warranty Deed
—
Sep 7, 2021
$1,250,000
Four Points Holdings LLC
Leland Shaneyfelt
Warranty Deed
$1,000,000 · Servisfirst Bank
—
—
Ld Trucking Co LLC
—
Deed Of Trust
related
$200,000 · Bancorpsouth
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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