Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,130,000
Warehouses
3625 1st S Ave Birmingham, AL 35222-1801
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US03-0412157
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1950
Total area
24,640 SF
Lot
2.62 ac (114,127 SF)
Zoning code
M1
APN
23-00-30-4-015-002.000
UPID
US03-0412157
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
-
State Traditions Clothing & Fashion Store
-
High Proof Media Advertising Agency Marketing & Advertising
-
Process Marketing Advertising Agency Marketing & Advertising
-
Copiers Birmingham (Bike/Boat/Book/etc) Store Printing Service
-
Caliber Helmets Professional Services
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.04M
CAP Approach
CAP
$2.12M
Comparable Approach
Comparable
$1.89M
Blend (final)
Blend
$2.13M
Owner & transaction history
Upper Village Creek LLC · 5 yrs held
Upper Village Creek LLC
since 2021
Last sale
$2.2M
5 recorded transactions
Zoning & alternative use
M1 · Birmingham, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$3.0M
+131.0%
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
$2,100,000
ML approach
$2,035,000
CAP Approach
CAP Return
Estimation
6%
$2,290,000
6.5%
$2,115,000
7%
$1,965,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,305,000
Current use
RETAIL STORES
$3,015,000
Change: +131% · Conversion: Moderate
Blend value · Realmo final
$2.13M
Range $1.92M – $2.34M · ±10% · vs last sale $2.20M (Mar 17 2021)
Last sale anchor
$2.20M
Mar 17 2021
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
$86 / 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
$31,181
Tax year 2022
Assessed value
$476,720
Assessed 2023
Previous assessed
$430,080
+10.8% YoY
Effective rate
6.54%
On assessed value
Assessed land
$296,740
Assessed improvement
$179,980
Land market value
$1,483,700
Improvement market value
$899,900
Total market value
$2,383,600
Applied tax rate
37.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1950
Heating
NONE
Cooling
NONE
Stories
1
Total area
24,640 SF
Lot
2.62 ac (114,127 SF)
Zoning code
M1
APN
23-00-30-4-015-002.000
UPID
US03-0412157
Jurisdiction
JEFFERSON
Zoning & alternative use
M1 · Birmingham, AL
Zoning M1 · permitted uses
M1 · Birmingham, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Birmingham. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.3M
RETAIL STORES
Est. value
$3.0M
WAREHOUSE, STORAGE Current
RETAIL STORES
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
1950
Heating
NONE
Cooling
Yes
Stories
1
Lot
2.62 ac
Current owner
From public records · entity-resolved
Upper Village Creek LLC
Entity
Mailing address
2020 CAHABA RD, MOUNTAIN BRK, AL 35223-1179
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 17, 2021
$2,200,000
Upper Village Creek LLC
Blue Harp LLC
Warranty Deed
$1,891,250 · Servisfirst Bank
Feb 20, 2015
$725,000
Blue Harp LLC
Sobel Barry M
Warranty Deed
—
Oct 1, 1988
$400,000
Citation Carolina Corp Dba
—
Deed Of Trust
related
—
—
—
Blue Harp LLC
—
Deed Of Trust
related
$765,000 · Usameribank
—
—
Barry M Sobel
—
Deed Of Trust
related
$500,000 · Wells Fargo Bk Nw NA
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3625 1st S Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
