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Financial
Distress signals
Property profile

608 31st N St Birmingham, AL 35203

OFF-MARKET
Turn key restaurants
Property ID
US03-1259281
3,304 SF 0.65 ac lot Built 1956
Last sale Dec 2019 · $330,000
Individually Owned Owner of record is an individual. 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a commercial building located in Birmingham, Alabama, totaling 3,304 square feet and historically configured for restaurant use. It is situated in an M-2 Heavy Industrial zoning district, supporting a range of commercial and industrial applications, including flex space, warehouse use, contractor headquarters, automotive-related uses, and other service-based businesses. The site includes underlying land area suitable for redevelopment or repositioning, and is positioned for access to major Birmingham corridors and nearby commercial growth.

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?
$5k
Tax billed · 2022
Assessed value · 2023$88k
Assessed land$26k
Assessed improvement$62k
Effective rate5.82%

Value estimate

· Oct 2026
$230k
$207k – $253k
AI approach$230k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$273/SF
Submarket average, outlier-cleaned · 119 recorded sales of this use type
Observed band · Q1–Q3$81 – $454
Qualifying comparables10

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
M2
Section 3. M-2, Heavy Industrial District. Subsection 1. Generally. The regulations set forth in this Section or set forth in this Ordina...
General categoryINDUSTRIAL
JurisdictionJEFFERSON

Location intelligence

Which uses thrive at this corner?
Best fit: Garden Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Garden Center10.4
Tailor Shop9.8
Convenience Store9.1

Location

608 31st N St Birmingham, AL 35203
County assessor Recorded deeds · 3 transfers 10 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1101 6th N, Birmingham, AL 35203-1503 $3,000,000 Nov 2024 4,070 SF
1509 3rd N, Birmingham, AL 35203-1828 $520,000 Feb 2023 3,288 SF
716 9th N, Birmingham, AL 35203-1426 $50,000 Jan 2023 3,870 SF
301 Carraway, Birmingham, AL 35203 $260,000 Feb 2022 2,160 SF
821 23rd N, Birmingham, AL 35203 $5,160 Jan 2022 4,338 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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