Technical
Financial
Distress signals
Property profile

3955 Lornacrest Dr Birmingham, AL 35244

OFF-MARKET
Warehouses
Property ID
US03-0478424
2,048 SF 0.9 ac lot Built 1950
Entity Owned 6-yr Hold Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1950
Total area 2,048 SF
Lot 0.9 ac (39,204 SF)
Zoning code I1
APN 39-00-23-4-000-004.000
UPID US03-0478424

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3955 Lornacrest Dr Birmingham, AL 35244-1007
Birmingham metro Census 14408 BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$140k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$135k

Owner & transaction history

since 2020
Last sale
$190,000
2 recorded transactions
2020
$190,000
2012
$5,000

Zoning & alternative use

I1 · Birmingham, AL
Zoning description

1. Light Manufacturing (I-1) District. The light manufacturing district is designed to allow for light manufacturing and office uses, potentially in “busi ness park” settings, and typically near major trans portation rou…

General category INDUSTRIAL

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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