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Property profile & analytics
OFF-MARKET
Warehouses
4001 3rd S Ave Birmingham, AL 35222-1916
Entity Owned
3-yr Hold
Free & Clear
Property ID
US03-0371437
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1980
Total area
640 SF
Lot
0.16 ac (7,000 SF)
Zoning code
B2
APN
23-00-29-3-016-004.000
UPID
US03-0371437
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
-
Urban Property Real Estate Agency
-
Melissa Moore, Urban Property Holdings Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Redeemer Community Church · 3 yrs held
Redeemer Community Church
since 2023
Last sale
$249,980
7 recorded transactions
Zoning & alternative use
B2 · Birmingham, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,973
Tax year 2022
Assessed value
$44,060
Assessed 2023
Previous assessed
$41,000
+7.5% YoY
Effective rate
6.75%
On assessed value
Assessed land
$32,200
Assessed improvement
$11,860
Land market value
$161,000
Improvement market value
$59,300
Total market value
$220,300
Applied tax rate
31.0000
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
1980
Heating
FORCED AIR
Cooling
YES
Stories
1
Rooms
2
Bathrooms
1
Total area
640 SF
Lot
0.16 ac (7,000 SF)
Zoning code
B2
APN
23-00-29-3-016-004.000
UPID
US03-0371437
Jurisdiction
JEFFERSON
Zoning & alternative use
B2 · Birmingham, AL
Zoning B2 · permitted uses
B2 · 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.
Building & site characteristics
From public records
Year built
1980
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
2
Bathrooms
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Redeemer Community Church
Entity
Free & Clear · 3 yrs held
Mailing address
4022 4TH AVE S, BIRMINGHAM, AL 35222-1923
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 21, 2023
$249,980
Redeemer Community Church
Bray Holdings LLC
Warranty Deed
—
Sep 15, 2020
$225,000
Bray Holdings LLC
Vitemb Construction LLC
Warranty Deed
—
Apr 3, 2015
$25,000
Vitemb Construction LLC
Vitemb James L
Warranty Deed
related
—
Jan 28, 2015
$25,000
James L Vitemb
Propel Financial 1 LLC
Warranty Deed
—
Oct 17, 2014
$15,000
Propel Financial 1 LLC
Plymouth Park Tax Services LLC
Quit Claim Deed
related
—
Apr 4, 2014
$1,500
Plymouth Pk Tax Svcs LLC
Reuland,helen M
Quit Claim Deed
related
—
Nov 9, 1998
—
Roger D Robinson
Robinson,roger D
Quit Claim Deed
related
—
Oct 27, 1998
—
Roger D Robinson
Robinson,roger D
Quit Claim Deed
related
—
Oct 1, 1990
$12,835
F Willodean Robinson
—
Deed Of Trust
related
—
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.
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