Property profile

345 Vly Ave Birmingham, AL 35209

OFF-MARKET
Drive through restaurants
Property ID
US03-0593808
3,019 SF 0.64 ac lot Built 1975
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1975
Total area 3,019 SF
Lot 0.64 ac (28,090 SF)
Zoning code B2
APN 29-00-14-1-001-007.000
UPID US03-0593808

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
  • Restaurant Take-out & Catering

Location

345 Vly Ave Birmingham, AL 35209-3803
Birmingham metro Census 5800 BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.44M
CAP Approach CAP
by Request
Comparable Approach Comparable
$991k
Blend (final) Blend
$1.48M

Owner & transaction history

since 2022
Last sale
$1.9M
3 recorded transactions
2022
$1.9M
2014
$500,000
1969
Price N/A

Zoning & alternative use

B2 · Birmingham, AL
Zoning description

Section 2. B-2 General Business District Subsection 1. Generally. The regulations set forth in this Section or set forth elsewhere in this Ordinance, when referred to in this Section, are the regulations in the B-2 Gener…

General category CIVIC_INSTITUTIONAL

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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