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    Property profile & analytics

    3820 3rd S Ave Birmingham, AL 35222-1832

    • Office Properties & Spaces
    • 10,032 SF
    • 0.48 lot acres
    OFF-MARKET
    Value Estimation
    $1,390,000
    Last Sale
    Aug 01, 2022
    $1,500,000
    Location Intelligence
    Property ID
    US03-0951490
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Fifth Dimension Architecture & Interiors, LLC / Architecture Firm / Architect
    • Amalgamated Transit Union / Labor Union
    • Randolph Associates Inc / Business Management Consultant

    Property Details for 3820 3rd S Ave

    Year built
    1979
    Construction
    STEEL FRAME
    Lot size
    0.48 lot acres
    Property size
    10,032 SF
    Zone code
    B2
    Property type
    Office Properties & Spaces
    APN
    23-00-29-3-023-008.000
    APU
    2300293023008000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,365,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,465,000
      6.5%
      $1,650,000
      7%
      $1,640,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,550,000
      Geo Method
      $1,585,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,545,000
      Retail
      $1,615,000
      Mixed-Use
      $1,285,000
      Hospitality
      $1,410,000
      Educational
      $1,595,000
      Residential Income
      $1,735,000
      Energy
      $1,280,000
      Income-Based Land
      $1,630,000
      Food Service
      $1,595,000

    Location Insight

    • Map
    • Local Demand
    City
    Birmingham
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.7773
    Latitude
    33.5224
    CBSA code
    13820
    CBSA name
    BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $11,628
    $84,000
    $135,540
    $219,540
    -
    $420,000
    $677,700
    $1,097,700

    Comparable in this City

    • Value Estimation by Request
      15,922 SF

      3317 6Th Ave

      Distribution properties • 15,922 SF
      3317 6Th Ave, Birmingham, AL 35222
      View Details
    • Value Estimation by Request
      3,570 SF

      220 34th S St

      OFFICE (GENERAL) • 3,570 SF
      220 34th S St, Birmingham, AL 35222-1724
      View Details
    • Value Estimation by Request
      15,600 SF

      3501 1st S Ave

      OFFICE (GENERAL) • 15,600 SF
      3501 1st S Ave, Birmingham, AL 35222-1800
      View Details
    • Value Estimation
      $250,000
      4,618 SF

      612 37th S St

      OFFICE (GENERAL) • 4,618 SF
      612 37th S St, Birmingham, AL 35222-3204
      View Details
    • Value Estimation
      $750,000
      10,664 SF

      3720 4th S Ave

      OFFICE (GENERAL) • 10,664 SF
      3720 4th S Ave, Birmingham, AL 35222-2420
      View Details
    • Value Estimation
      $460,000
      7,336 SF

      3700 4th S Ave

      OFFICE (GENERAL) • 7,336 SF
      3700 4th S Ave, Birmingham, AL 35222
      View Details

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    Similar Nearby for Lease

    • $18 SF/Yr
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    • $6 SF/Yr

      Southside-Lakeview Office Space Available

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    • $6,600 /Mo
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      Avondale Office Space for Lease

      Historic Avondale, flexible suites available
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    • $9 SF/Yr
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      Avondale Office/Flex Space Available

      Office/Flex space for lease, convenient to Downtown Birmingham.
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    • $9 SF/Yr

      Birmingham Office Space For Rent

      Customizable office spaces with natural light and off-street parking.
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    • Contact for pricing
      53,500 SF

      Airport Highway Park Warehouse

      53,500 SF Warehouse - Birmingham, AL
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      View Details
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    Birmingham, AL 35222-1832
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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