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Financial
Distress signals
Property profile

5588 Apple Park Dr Birmingham, AL 35235

FOR LEASE
Office Spaces
Property ID
US03-1006372
5,222 SF 0.83 ac lot Built 1994
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This single-tenant office building, located at 5588 Apple Park Dr in Birmingham, Alabama, presents a unique investment opportunity. The 8,500 square foot building sits on 1.5 acres of land in Jefferson County and is classified as a Class C property. Originally constructed in 1974 and renovated in 2001, the building features a single story with 9-foot ceilings. Currently, 4,788 square feet of space is available for lease. The property includes a variety of office spaces suitable for medical…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$7k
Tax billed · 2022
Assessed value · 2023$163k
Assessed land$16k
Assessed improvement$147k
Effective rate4.15%

Value estimate

· Oct 2026
$320k
$288k – $352k
CAP approach$935k
Submarket $/SF estimate$719k
NOI build-up
Gross scheduled income$51k
Vacancy & credit loss−$11k
Operating expenses−$10k
NOI · 1,539.79% cap applied$30k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$103/SF
ZIP average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$67 – $138
Qualifying comparables6

Cap rate analysis

How does the asset earn?
1,539.79%
$30k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C1
The purpose of the C1 Neighborhood Commercial district is designed to allow for areas of neighborhood retail and services that meet the d...
General categoryCIVIC_INSTITUTIONAL
JurisdictionJEFFERSON

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency13.3
Law Firm12.3
Building Supply12.2

Location

5588 Apple Park Dr Birmingham, AL 35235
County assessor Recorded deeds · not on file 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3713 Mary Taylor, Birmingham, AL 35235-3261 $877,500 Oct 2022 3,721 SF
544 Gadsden, Birmingham, AL 35235-2400 $27,400,000 Aug 2022 6,213 SF
5590 Chalkville, Birmingham, AL 35235-8636 $675,000 Apr 2022 5,661 SF
5582 Apple Park, Birmingham, AL 35235-8616 $395,000 Dec 2021 4,128 SF
4702 Misty Rdg, Birmingham, AL 35235-8665 $75,000 Aug 2020 6,037 SF
5057 Pinnacle, Birmingham, AL 35235-3216 $2,750,000 Aug 2020 7,050 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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