Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    550 Lakeshore Dr Birmingham, AL 35209-6724

    • Commercial real estate
    • 2,273 SF
    • 0.32 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US03-1049717
    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

    • Commercial real estate

    Property Details for 550 Lakeshore Dr

    Year built
    1960
    Lot size
    0.32 lot acres
    Property size
    2,273 SF
    Zone code
    R2
    Property type
    Commercial real estate
    APN
    29-00-24-1-001-018.000
    APU
    2900241001018000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Birmingham
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.7961
    Latitude
    33.4608
    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
    $0.00
    $51,800
    $6,620
    $58,420
    -
    $259,000
    $33,100
    $292,100

    Comparable in this City

    • Value Estimation by Request
      17,012 SF

      2100 Southbridge Pkwy

      Office space • 17,012 SF
      2100 Southbridge Pkwy, Birmingham, AL 35209
      View Details
    • Value Estimation by Request
      0.18 Acres

      2709 Central Ave

      COMMERCIAL (GENERAL) • 0.18 Acres
      2709 Central Ave, Birmingham, AL 35209-1837
      View Details
    • Value Estimation by Request
      10,333 SF

      625 Shades Crk Pkwy

      COMMERCIAL (GENERAL) • 10,333 SF
      625 Shades Crk Pkwy, Birmingham, AL 35209
      View Details
    • Value Estimation by Request
      1,934 SF

      203 Peerless Ave

      COMMERCIAL (GENERAL) • 1,934 SF
      203 Peerless Ave, Birmingham, AL 35209
      View Details
    • Value Estimation by Request
      8,704 SF

      1019 Oxmoor Rd

      COMMERCIAL (GENERAL) • 8,704 SF
      1019 Oxmoor Rd, Birmingham, AL 35209
      View Details
    • Value Estimation
      $585,000
      0.81 Acres

      202 State Farm Pkwy

      COMMERCIAL (GENERAL) • 0.81 Acres
      202 State Farm Pkwy, Birmingham, AL 35209
      View Details

    Similar Nearby for Sale

    • $2,100,000
      5.38 Acres

      Homewood AL Commercial Land

      5.38 Acres, Prime Development Site
      348 Leisure Ln, Birmingham, AL 35209
      View Details
    • $8,800,000
      109,882 SF

      Prime Birmingham Distribution Center

      109,882 SF Industrial Facility, $8.8M
      34 Oxmoor Rd, Birmingham, AL 35209
      View Details
    • $155,000
      1,026 SF

      Charming Homewood End Unit

      2 bed, 1 bath end unit in Homewood area.
      1780 Valley Ave, Birmingham, AL 35209
      View Details
    • $274,900
      0.24 Acres

      Residential Land in Homewood, AL

      Quarter-acre lot in convenient Homewood location near schools.
      213 Edgeview Ave, Birmingham, AL 35209
      View Details
    • Contact for pricing
      30,000 SF

      Birmingham Office Building For Sale

      30,000 SF Office Building, Owner-User Opportunity
      301 Beacon Pkwy, Birmingham, AL 35209
      View Details
    • $2,300,000
      47,100 SF

      Birmingham Industrial Investment

      Net-leased manufacturing facility, high ROI.
      108 Walter Davis Dr, Birmingham, AL 35209
      View Details

    Similar Nearby for Lease

    • $5 SF/Yr
      69,140 SF

      Prime Vulcan/Oxmoor Industrial Space

      69,140 SF Manufacturing/Warehouse
      230 Valley Ave, Birmingham, AL 35209
      View Details
    • $22 SF/Yr
      17,012 SF

      Prime Birmingham Office Space

      Modern Executive Suites, Coworking Available
      2100 Southbridge Pkwy, Birmingham, AL 35209
      View Details
    • Contact for pricing
      1 SF

      I-65 Frontage Ground Lease, Homewood, AL

      High-traffic location, 4.5 acres, development potential.
      275 Oxmoor Rd, Homewood, AL 35209
      View Details
    • $25 SF/Yr
      22,680 SF

      Lakeshore Drive Office Building

      Prime Homewood Office Space Available
      35 Lakeshore Dr, Homewood, AL 35209
      View Details
    • $24 SF/Yr
      9,953 SF

      Prestigious Birmingham Office Space

      Executive Suites, 3,830-4,212 SF Available
      2200 Woodcrest Pl, Birmingham, AL 35209
      View Details
    • $21 SF/Yr

      Class A Office Space

      Modern office building with versatile layouts and ample parking.
      200 Wildwood Pkwy, Birmingham, AL 35209
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    550 Lakeshore Dr
    Birmingham, AL 35209-6724
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.