Technical
Financial
Distress signals
Property profile

39 Hanover S Cir Birmingham, AL 35205

OFF-MARKET
Assisted living facilities
Property ID
US03-0655438
31,075 SF 2.08 ac lot Built 1966
Entity Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1966
Total area 31,075 SF
Lot 2.08 ac (90,735 SF)
Zoning code CR6
APN 23-00-31-4-022-001.000
UPID US03-0655438

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
  • Nursing Home

Location

39 Hanover S Cir Birmingham, AL 35205-1703
Birmingham metro Census 4701 BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.34M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.51M
Blend (final) Blend
$2.43M

Owner & transaction history

since 2021
Last sale
$2.6M
7 recorded transactions
2021
$2.6M
2021
Price N/A
2017
Price N/A
2014
$2.5M
2014
$250,000
2012
Price N/A
2007
$3.9M

Zoning & alternative use

CR6 · Birmingham, AL
Top alternative use upside
Auto repair, garage $2.9M +189.5%
Restaurant $2.4M +136.1%
Medical building $2.2M +119.6%

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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