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Property profile & analytics
FOR LEASE
Turn key restaurants

5388 Oporto Madrid Blvd Birmingham, AL 35210

5,598 SF 0.9 ac lot Built 1985
Entity Owned 2-yr Hold Free & Clear
Property ID
US03-0614390
Property summary
AI-generated overview

This exceptional Irondale, Alabama land parcel presents a unique investment opportunity. Located at 5388 Oporto Madrid Blvd, in Jefferson County (zip code 35210), this single-tenant property is ideally situated adjacent to Eastwood Village, a thriving retail center. The site benefits from its high-visibility location along a major thoroughfare, boasting an impressive 34,973 AADT (Average Annual Daily Traffic) count, easily accessible from a signalized intersection. This prime location offers unparalleled exposure to a large customer base. The property's proximity to established national retailers such as Walmart, Five Below, Ross Dress for Less, Michaels, and Party City ensures high foot traffic and brand recognition. Furthermore, the strategic location near a significant Amazon Distribution Center (employing over 1,500) and a VA Clinic serving over 25,000 veterans annually provides a robust and diverse demographic. This land is available for build-to-suit development or a ground lease, offering flexibility for various commercial ventures. The property is classified as Land with a Subtype of Build to Suit and Ground Lease. Consider this exceptional opportunity to capitalize on the growth and potential of this high-traffic, strategically located parcel.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1985
Total area 5,598 SF
Lot 0.9 ac (39,204 SF)
Zoning code CB2
APN 23-00-26-2-000-011.001
UPID US03-0614390
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
First Atlanta Holdings LLC · 2 yrs held
First Atlanta Holdings LLC
since 2023
Last sale
$341,250
6 recorded transactions
2023
$341,250
2020
Price N/A
2020
Price N/A
2018
$638,500
2017
$450,000
1989
$590,000
Zoning & alternative use
CB2 · Irondale, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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