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    Property profile & analytics

    524 Red Lane Rd Birmingham, AL 35215

    • Office Properties & Spaces
    • 7,176 SF
    • 0.49 lot acres
    For Sale
    View listing
    $900,000
    Value Estimation
    Last Sale
    Jan 24, 2025
    $205,500
    Location Intelligence
    Property ID
    US03-0825245
    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

    • Jefferson Community Development FCU / Credit Union / Atm
    • Overflow Ministries / Religious Organization / Service Establishment
    • Michael Griggs, Sil-loH Metro Realty Brokers / Real Estate Agent
    • Southern Insurance Services Inc / Auto Insurance Agency
    • Shequori Clyde / Dentist

    Property Details for 524 Red Lane Rd

    Year built
    2000
    Lot size
    0.49 lot acres
    Property size
    7,176 SF
    Zone code
    CB2
    Property type
    Office Properties & Spaces
    APN
    13-00-36-3-010-005.001
    APU
    1300363010005001

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $170,000

    • CAP approach

      CAP return
      Estimation
      6%
      $185,000
      6.5%
      $185,000
      7%
      $215,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $170,000
      Geo Method
      $170,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $205,000
      Retail
      $220,000
      Mixed-Use
      $160,000
      Hospitality
      $180,000
      Educational
      $205,000
      Residential Income
      $180,000
      Energy
      $190,000
      Income-Based Land
      $180,000
      Food Service
      $165,000

    Location Insight

    • Map
    • Local Demand
    City
    Birmingham
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.7009
    Latitude
    33.5914
    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
    $9,977
    $29,780
    $63,000
    $92,780
    -
    $148,900
    $315,000
    $463,900

    Comparable in this City

    • Value Estimation by Request
      5,684 SF

      1400 Red Holw Rd

      OFFICE (GENERAL) • 5,684 SF
      1400 Red Holw Rd, Birmingham, AL 35215-2962
      View Details
    • Value Estimation by Request
      1,024 SF

      2228 Old Springville Rd

      OFFICE (GENERAL) • 1,024 SF
      2228 Old Springville Rd, Center Point, AL 35215-4022
      View Details
    • Value Estimation by Request
      1,513 SF

      1901 1st NE St

      OFFICE (GENERAL) • 1,513 SF
      1901 1st NE St, Center Point, AL 35215-4702
      View Details
    • Value Estimation
      $310,000
      5,260 SF

      9964 Pkwy E Pkwy

      OFFICE (GENERAL) • 5,260 SF
      9964 Pkwy E Pkwy, Birmingham, AL 35215-7308
      View Details
    • Value Estimation
      $355,000
      3,660 SF

      9617 Pkwy E Pkwy

      OFFICE (GENERAL) • 3,660 SF
      9617 Pkwy E Pkwy, Birmingham, AL 35215-7825
      View Details
    • Value Estimation
      $415,000
      800 SF

      2620 Ctr Pt Pkwy

      OFFICE (GENERAL) • 800 SF
      2620 Ctr Pt Pkwy, Birmingham, AL 35215-2502
      View Details

    Similar Nearby for Sale

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      Center Point Office Building & Land

      Freestanding Office, High Traffic Area, $250K
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    • $525,000
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      5400 sqft Building, 10 Acres

      Birmingham Office Building, Vacant, 10 Acres
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      Two-story office building on 0.92 acres, ideal for contractors.
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    • $299,900
      1.05 Acres

      Versatile Commercial Property in Center Point

      Expansive commercial property with potential for various uses and expansion.
      2216 Old Springville Rd, Center Point, AL 35215
      View Details
    • $900,000
      0.49 Acres

      High-Visibility Office Building For Sale

      Cash-flowing office asset with long-term tenants in high-demand area.
      524 Red Lane Rd, Birmingham, AL 35215
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    • $125,000
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      Highly versatile commercial building with excellent convenience and accessibility.
      1829 1St Pl, Center Point, AL 35215
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    Similar Nearby for Lease

    • $9 SF/Yr
      148,275 SF

      Center Point Retail Spaces

      Grocery-anchored center, 7 spaces available.
      1671 Center Point Pkwy, Birmingham, AL 35215
      View Details
    • $18 SF/Yr
      125,597 SF

      Concourse 100 Office Space for Lease

      Birmingham Office Building, Flexible Suites Available
      100 Concourse Pkwy, Birmingham, AL 35215
      View Details
    • $168 SF/Yr
      6,000 SF

      Center Point Parkway Office Space

      Birmingham Office Building: 6,000 sq ft available
      2500 Center Point Pkwy, Birmingham, AL 35215
      View Details
    • $8 SF/Yr
      6,144 SF

      Parkway East Office Building for Lease

      Birmingham Office Space, High Visibility
      9433 Parkway, Birmingham, AL 35215
      View Details
    • $9 SF/Yr
      13,905 SF

      Center Point Parkway Retail Space

      Former Walgreens, Drive-Thru, High Visibility
      2301 Center Point Pkwy, Birmingham, AL 35215
      View Details
    • $3,950 /Mo

      Pinson Valley Warehouse with Yard

      Freestanding warehouse with office space and fenced yard.
      3105 Pinson Valley Pkwy, Birmingham, AL 35215
      View Details
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    524 Red Lane Rd
    Birmingham, AL 35215
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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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