Property profile

4800 Lk Blvd Birmingham, AL 35217

OFF-MARKET
Turn key restaurants
Property ID
US03-0722390
6,600 SF 1.6 ac lot Built 1974
Entity Owned 10-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 5,500-square-foot Class A flex space in Birmingham, Alabama, presents a compelling investment opportunity. Situated on 1.311 acres at 4800 E Lake Blvd, this single-tenant property boasts a diverse layout, ideal for various commercial uses. Built in 1972 and renovated in 2016, the building features approximately 1,600 square feet of office/showroom space with a roll-up door, and a 3,900-square-foot warehouse with two additional grade-level roll-up doors and a 1,700-square-foot covered outdoor area. The property also includes a 2,400-square-foot restaurant currently under a seven-year lease, providing a stable income stream. The warehouse benefits from two 200-amp, 3-phase electrical panels. Zoned commercial, this property offers high visibility due to its location on a major thoroughfare in the rapidly developing East Lake district. The large fenced outdoor area provides ample space for parking or additional storage. This multi-use property offers strong ROI potential, combining flexible leasing options with a stable, long-term lease, making it an attractive investment in a growing Birmingham community. The property is a single-story building.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1974
Total area 6,600 SF
Lot 1.6 ac (69,696 SF)
Zoning code M3
APN 23-00-08-4-002-048.000
UPID US03-0722390

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
  • Hotel & Motel Resort

Location

4800 Lk Blvd Birmingham, AL 35217-4024
Birmingham metro Census 400 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
$639k
Blend (final) Blend
$280k

Owner & transaction history

since 2016
Last sale
$1.3M
7 recorded transactions
2016
Price N/A
2016
$375,000
2005
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

M3 · Birmingham, AL
Zoning description

Section 4. M-3 Planned Industrial District. Subsection 1. Generally. The regulations set forth in this Section or set forth elsewhere in this Ordinance, when referred to in this Section, are the regulations in the M-3 Pl…

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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