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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Grocery and convenience stores
4356 1st N Ave Birmingham, AL 35222
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US03-0338850
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2004
Total area
2,600 SF
Lot
0.43 ac (18,940 SF)
Zoning code
M1
APN
23-00-29-1-001-008.000
UPID
US03-0338850
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
-
Ty's King Or Wing Restaurant
-
Nguyen Hoang Food Mart Gas Station
-
Sassy Nails Avondale Nail Salon
-
Bitstop Bitcoin ATM Atm Currency Exchange Service
-
Deelicious Designs Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$520k
CAP Approach
CAP
$495k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$540k
Owner & transaction history
Sra Renovations LLC · 2 yrs held
Sra Renovations LLC
since 2023
Last sale
$600,000
4 recorded transactions
Zoning & alternative use
M1 · 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
Method
Estimation
Statistic approach
$480,000
ML approach
$520,000
CAP Approach
CAP Return
Estimation
6%
$540,000
6.5%
$495,000
7%
$460,000
Blend value · Realmo final
$540k
Range $486k – $594k · ±10% · vs last sale $600k (Dec 20 2023)
Last sale anchor
$600k
Dec 20 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$208 / SF
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
$5,829
Tax year 2022
Assessed value
$95,980
Assessed 2023
Previous assessed
$80,400
+19.4% YoY
Effective rate
6.07%
On assessed value
Assessed land
$17,040
Assessed improvement
$78,940
Land market value
$85,200
Improvement market value
$394,700
Total market value
$479,900
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2004
Heating
FORCED AIR
Cooling
YES
Stories
1
Bathrooms
1
Total area
2,600 SF
Lot
0.43 ac (18,940 SF)
Zoning code
M1
APN
23-00-29-1-001-008.000
UPID
US03-0338850
Jurisdiction
JEFFERSON
Zoning & alternative use
M1 · Birmingham, AL
Zoning M1 · permitted uses
M1 · 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
2004
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.43 ac
Current owner
From public records · entity-resolved
Sra Renovations LLC
Entity
Mailing address
6019 WATERSIDE DR, HOOVER, AL 35244-4156
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 20, 2023
$600,000
Sra Renovations LLC
Danielle Properties LLC
Warranty Deed
$790,800 · People Bank Of Alabama
Jan 27, 2010
$10,000
Danielle Properties LLC
Owner Name Unavailable
Grant Deed
related
—
Feb 5, 2004
—
Nguyen,vu H
—
Trustees Deed
related
$487,500 · Compass Bk
Apr 1, 2002
—
Vu H Nguyen
Young Oil INC
Grant Deed
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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