Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

704 2Nd Ave N Birmingham, AL 35203

FOR SALE
Manufacturing properties
Property ID
US03-0825275
14,180 SF 0.32 ac lot Built 1952
Entity Owned Owner of record is a legal entity (LLC / corporation). 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 exceptional 13,000-square-foot warehouse, located at 704 2nd Ave N in Birmingham, Alabama, presents a compelling investment opportunity. The property, built in 1952, sits on a 0.32-acre lot and features a single-story building with one loading dock. Currently 100% occupied since January 1, 2012, under a triple net (NNN) lease, the property offers a stable income stream. The lease, originally signed for 12 years, expired December 31, 2023. The asking price is $550,000, translating to…

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?
$4k
Tax billed · 2022
Assessed value · 2023$67k
Assessed land$9k
Assessed improvement$58k
Effective rate5.51%

Value estimate

· Oct 2026
$275k
$248k – $303k
AI approach$275k
NOI build-up
Gross scheduled income$94k
Vacancy & credit loss−$8k
Operating expenses−$26k
NOI · 12.85% cap applied$60k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$42/SF
Submarket average, outlier-cleaned · 35 recorded sales of this use type
Observed band · Q1–Q3$16 – $77
Qualifying comparables4

Cap rate analysis

How does the asset earn?
12.85%
$60k 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?
M1
The purpose of the M1 Light Manufacturing District is provide for contractor or construction equipment dealer yard, grain and feed storag...
General categoryINDUSTRIAL
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 agency17.6
Pawn Shop9.8
Laundry Service9.5

Location

704 2Nd Ave N Birmingham, AL 35203
County assessor Recorded deeds · not on file 4 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
509 28th N, Birmingham, AL 35203 $2,625,000 Sep 2024 40,115 SF
930 6th N, Birmingham, AL 35203-1409 $2,200,000 Dec 2022 8,840 SF
920 6th N, Birmingham, AL 35203-1409 $2,200,000 Dec 2022 3,925 SF
2800 Messer Airport, Birmingham, AL 35203 $1,950,000 Aug 2021 12,768 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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