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    Property profile & analytics

    513 22nd S St Birmingham, AL 35233-3109

    • Turn key restaurants
    • 9,210 SF
    • 0.87 lot acres
    OFF-MARKET
    Value Estimation
    $5,200,000
    Last Sale
    Jun 21, 2022
    $6,262,700
    Location Intelligence
    Property ID
    US03-0986563
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • parkingmgt.com / Parking Lot
    • Iron City Bham / Wedding Venue / Live Music Venue
    • Iron City / Wedding Venue
    • Williford Orman Construction / Construction Company

    Property Details for 513 22nd S St

    Year built
    1930
    Lot size
    0.87 lot acres
    Property size
    9,210 SF
    Zone code
    M1
    Property type
    Turn key restaurants
    APN
    22-00-36-4-010-004.000
    APU
    2200364010004000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,930,000

    • CAP approach

      CAP return
      Estimation
      6%
      $6,685,000
      6.5%
      $6,575,000
      7%
      $6,040,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $6,125,000
      Geo Method
      $7,025,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $5,175,000
      Retail
      $6,165,000
      Mixed-Use
      $5,265,000
      Hospitality
      $5,060,000
      Educational
      $5,175,000
      Residential Income
      $6,050,000
      Energy
      $5,750,000
      Income-Based Land
      $5,835,000
      Food Service
      $6,015,000

    Location Insight

    • Map
    • Local Demand
    City
    Birmingham
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.7977
    Latitude
    33.5089
    CBSA code
    13820
    CBSA name
    BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $23,139
    $121,604
    $199,956
    $321,560
    -
    $1,216,000
    $1,999,500
    $3,215,500

    Comparable in this City

    • Value Estimation
      $380,000
      3,457 SF

      2330 6th S Ave

      RESTAURANT • 3,457 SF
      2330 6th S Ave, Birmingham, AL 35233-3205
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    • Value Estimation
      $320,000
      5,562 SF

      710 29th S St

      RESTAURANT • 5,562 SF
      710 29th S St, Birmingham, AL 35233-2810
      View Details
    • Value Estimation
      $310,000
      2,000 SF

      720 29th S St

      RESTAURANT • 2,000 SF
      720 29th S St, Birmingham, AL 35233-2810
      View Details
    • Value Estimation by Request
      5,685 SF

      2627 7th S Ave

      RESTAURANT • 5,685 SF
      2627 7th S Ave, Birmingham, AL 35233-2605
      View Details
    • Value Estimation by Request
      4,500 SF

      611 Richard Arrington Jr S Blvd

      RESTAURANT • 4,500 SF
      611 Richard Arrington Jr S Blvd, Birmingham, AL 35233-2103
      View Details
    • Value Estimation
      $325,000
      3,904 SF

      2810 3rd S Ave

      RESTAURANT • 3,904 SF
      2810 3rd S Ave, Birmingham, AL 35233-2816
      View Details

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    513 22nd S St
    Birmingham, AL 35233-3109
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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