Technical
Financial
Distress signals
Property profile

3977 Lorna Rd Birmingham, AL 35244

OFF-MARKET
Warehouses
Property ID
US03-0954278
3,000 SF 0.48 ac lot Built 1994
Individually Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1994
Total area 3,000 SF
Lot 0.48 ac (21,120 SF)
Zoning code I1
APN 39-00-23-4-000-005.006
UPID US03-0954278

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
  • Auto Repair Shop
  • HVAC Service General Contractor

Location

3977 Lorna Rd Birmingham, AL 35244-1003
Birmingham metro Census 14408 BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$220k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$215k

Owner & transaction history

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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