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Property profile & analytics
OFF-MARKET Estimated value $1,050,000
Turn key restaurants

4800 Lk Blvd Birmingham, AL 35217-4024

6,600 SF 1.6 ac lot Built 1974
Entity Owned 10-yr Hold Free & Clear
Property ID
US03-0722390
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Aviators Park Hotel & Motel Resort
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$639k
Blend (final) Blend
$1.05M
Owner & transaction history
Tomlin Rental Properties LLC · 10 yrs held
Tomlin Rental Properties LLC
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
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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