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Property profile & analytics
OFF-MARKET Estimated value $270,000
Assisted living facilities

4246 5th S Ave Birmingham, AL 35222-2604

11,353 SF 1.14 ac lot Built 1959
Entity Owned 12-yr Hold Free & Clear
Property ID
US03-0522625
Property profile
Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1959
Total area 11,353 SF
Lot 1.14 ac (49,833 SF)
Zoning code R6
APN 23-00-29-4-008-004.000
UPID US03-0522625
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
  • Aletheia House Housing Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k
Owner & transaction history
Parkwood Apartments LLC · 12 yrs held
Parkwood Apartments LLC
since 2013
2 recorded transactions
2013
$267,500
1969
Price N/A
Zoning & alternative use
R6 · Birmingham, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

when referred to in this Section, are the regulations in the R -6 Multiple Dwelling District. Subsection 2. Use regulations. A building or premises shall be used only for the following purposes: 1. Any use permitted in the R-5 Multiple Dwelling District. Subsection 3. Area and dimensional regulations. Except as provided in Articles VI and VIII, the area and…

Zone name Multiple Dwelling
General category RESIDENTIAL
Zone area 664.24 ac
Source Planning/Zoning (MapServer)
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