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Property profile & analytics
OFF-MARKET
Garden apartment buildings

3500 12th N Ave Birmingham, AL 35234

2,064 SF 0.28 ac lot Built 1955
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US03-0603512
Property profile
Verified
Property type Garden apartment buildings
Use group GARDEN APT, COURT APT (5+ UNITS)
Year built 1955
Total area 2,064 SF
Lot 0.28 ac (12,307 SF)
Zoning code R5
APN 23-00-19-3-013-002.000
UPID US03-0603512
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Vfh Al 1 LLC · 4 yrs held
Vfh Al 1 LLC
since 2022
Last sale
$319,900
4 recorded transactions
2022
$319,900
2021
$245,000
2018
$60,000
1969
Price N/A
Zoning & alternative use
R5 · Birmingham, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Section 7. R-5 Multiple Dwelling 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 R -5 Multiple Dwelling District. Subsection 2. Use regulations. A building or premises shall be used only for the following purposes: 1. Any use perm…

Zone name Multiple Dwelling
General category RESIDENTIAL
Zone area 979.95 ac
Source Planning/Zoning (MapServer)
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