You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Banks

629 Red Ln Rd Birmingham, AL 35215-8227

6,137 SF 0.82 ac lot Built 1970
Entity Owned 2-yr Hold Free & Clear
Property ID
US03-0881934
Property summary
AI-generated overview

This exceptional 3,780 square foot freestanding medical office building, located at 629 Red Lane Road in Birmingham, Alabama, presents a unique investment opportunity. Built in 1970, this single-story Class B building sits on a 0.81-acre lot and is currently vacant. Its former use as a bank branch offers a versatile layout adaptable to various medical or office uses. The property enjoys a highly visible location, shadow-anchored by a Walmart Supercenter and adjacent to a new 25,000 square foot YMCA facility, ensuring high traffic and community presence. Situated just off Parkway East, a major thoroughfare with approximately 62,000 vehicles per day, this location offers unparalleled accessibility. The property's single-tenancy configuration provides flexibility for a single user or the potential for future subdivision. Jefferson County, Alabama, and the Roebuck submarket provide a strong foundation for growth and stability. This is an excellent opportunity to establish a thriving medical practice or office space in a dynamic and rapidly developing area. The building's size and location make it ideal for a variety of uses, offering significant potential for return on investment.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1970
Total area 6,137 SF
Lot 0.82 ac (35,700 SF)
Zoning code CB2
APN 23-00-01-1-005-002.000
UPID US03-0881934
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
Current use
Occupant on record · Public records
  • BB&T ATM Atm
  • Truist - ATM Atm
  • BB&T Insurance Services Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Saroni Real Estate LLC · 2 yrs held
Saroni Real Estate LLC
since 2024
5 recorded transactions
2024
Price N/A
2024
Price N/A
2019
$1.1M
2018
$1.4M
2009
Price N/A
Zoning & alternative use
CB2 · Birmingham, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 629 Red Ln Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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