Property profile

615 Matthew Ave Birmingham, AL 35215

OFF-MARKET
Office Spaces
Property ID
US03-0712754
1,045 SF 0.25 ac lot Built 1950
Entity Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1950
Total area 1,045 SF
Lot 0.25 ac (10,800 SF)
Zoning code QB1
APN 13-00-36-4-001-002.000
UPID US03-0712754

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Barber Shop

Location

615 Matthew Ave Birmingham, AL 35215-7840
Birmingham metro Census 5903 BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$120k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$120k

Owner & transaction history

since 2024
Last sale
$120,000
5 recorded transactions
2026
Price N/A
2024
$120,000
2020
$89,000
1997
$95,000
1992
$75,000

Zoning & alternative use

QB1 · Birmingham, AL
Zoning description

The purpose of Q1 Qualified District is to provide for the regulation of commercial, manufacturing or residential uses of land and structures in order that uses and development of said land, buildings and structures will…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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