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Property profile & analytics
OFF-MARKET Estimated value $1,375,000
Warehouses

3217 Pipe Line Rd Birmingham, AL 35243

3,250 SF 0.46 ac lot Built 1998
Entity Owned 5-yr Hold Free & Clear
Property ID
US03-0757765
Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1998
Total area 3,250 SF
Lot 0.46 ac (20,020 SF)
Zoning code I1
APN 28-00-22-1-019-002.000
UPID US03-0757765
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.29M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.38M
Owner & transaction history
Pipeline Road Properties LLC · 5 yrs held
Pipeline Road Properties LLC
since 2021
Last sale
$1.4M
1 recorded transaction
2021
$1.4M
Zoning & alternative use
I1 · Birmingham, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

1. Light Manufacturing (I-1) District. The light manufacturing district is designed to allow for light manufacturing and office uses, potentially in “busi ness park” settings, and typically near major trans portation routes including Interstates, State High ways, railroad spurs and airport facilities. Uses in this district include: warehouse and distribution…

Zone name Light Manufacturing
General category INDUSTRIAL
Zone area 3,865.87 ac
Source Planning/Zoning (MapServer)
Top alternative use upside
Neighborhood: shopping center $880,000 +324.2%
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