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Financial
Distress signals
Property profile

7608 1St Ave Birmingham, AL 35206

FOR SALE
Other investment properties
Property ID
US03-0935223
4,450 SF 0.23 ac lot Built 1958
Last sale Jun 2019 · $115,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a commercial building located at the intersection of 1st Avenue N and Oporto-Madrid BLVD and is situated on a roadway that carries approximately 19,300 vehicles per day. The building has a total size of 4,450 square feet and a roof replacement was completed in 2018. It is currently configured as two separate units, though the layout allows for the units to be combined. Historically, one unit was used as a bar/lounge, while the other unit is an open space that is suitable for…

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?
$2k
Tax billed · 2022
Assessed value · 2023$43k
Assessed land$9k
Assessed improvement$34k
Effective rate5.66%

Value estimate

· Oct 2026
$240k
$216k – $264k
CAP approach$795k
Submarket $/SF estimate$627k
NOI build-up
Gross scheduled income$69k
Vacancy & credit loss−$7k
Operating expenses−$19k
NOI · 19.33% cap applied$43k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$90/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$29 – $141
Qualifying comparables8

Cap rate analysis

How does the asset earn?
19.33%
$43k 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?
CB2
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 agency24.8
Law Firm22.4
Dental Office20.3

Location

7608 1St Ave Birmingham, AL 35206
County assessor Recorded deeds · not on file 8 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
9000 Pkwy E, Birmingham, AL 35206-1557 $259,900 Feb 2024 6,412 SF
7748 1st N, Birmingham, AL 35206-4309 $50,000 May 2023 5,432 SF
7634 2nd S, Birmingham, AL 35206-4815 $60,000 Jul 2022 5,392 SF
6933 1st N, Birmingham, AL 35206 $130,000 Mar 2021 5,130 SF
7825 1st N, Birmingham, AL 35206-4354 $110,000 Sep 2020 5,441 SF
7744 1st N, Birmingham, AL 35206 $150,000 Mar 2019 6,150 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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