Technical
Financial
Distress signals
Property profile

406 Vly Ave Birmingham, AL 35209

OFF-MARKET
Investment properties
Property ID
US03-0510188
11,552 SF 1.35 ac lot Built 2007
Entity Owned 8-yr Hold Free & Clear
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 2007
Total area 11,552 SF
Lot 1.35 ac (58,675 SF)
Zoning code B3
APN 29-00-14-2-002-005.003
UPID US03-0510188

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
  • Hair Salon
  • Hair Salon
  • Restaurant Take-out & Catering
  • Tattoo & Piercing Shop
  • Tattoo & Piercing Shop

Location

406 Vly Ave Birmingham, AL 35209-4821
Birmingham metro Census 5800 BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.63M
Blend (final) Blend
$265k

Owner & transaction history

since 2018
1 recorded transaction
2018
$1.0M

Zoning & alternative use

B3 · Birmingham, AL
Zoning description

The use regulations are the same as those in the B-3 Community Business District. Subsection 3. Area and dimensional regulations. Except as provided in Articles VI and VIII, the area and dimensional regulations set froth…

General category COMMERCIAL

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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