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Property profile & analytics
OFF-MARKET Estimated value $510,000
Turn key restaurants

7724 Ludington Ln Irondale, AL 35210-1918

8,406 SF 1.28 ac lot Built 1998
Individually Owned Absentee Owner Free & Clear
Property ID
US03-0438902
Property summary
AI-generated overview

This exceptional 7,516-square-foot retail space, formerly a Juicy Seafood restaurant, presents a unique opportunity for restaurant or retail businesses seeking high visibility in Birmingham, Alabama. Located at 7724 Ludington Ln, Birmingham, AL 35210, this single-tenant building boasts a prime location near the intersection of Interstate 20 and Oporto Madrid Boulevard, ensuring excellent accessibility and exposure to a substantial customer base. The property is situated within the thriving Century Plaza East area, known for its strong retail corridor and high traffic volume. The entire 7,516 square feet is currently vacant, offering a blank canvas for a new tenant to customize the space to their specific needs and brand identity. The building's strategic location and ample square footage make it an ideal investment for businesses seeking to establish a strong presence in a high-demand commercial area. This property offers significant potential for growth and profitability, making it an attractive opportunity for discerning investors and entrepreneurs. The property's address is easily accessible from major roadways, providing convenient access for both customers and employees. The building's size and layout are well-suited for a variety of retail or restaurant concepts. This is a rare opportunity to acquire a substantial, well-located commercial property in a dynamic Birmingham market.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1998
Total area 8,406 SF
Lot 1.28 ac (55,713 SF)
Zoning code CB2
APN 23-00-26-1-002-001.000
UPID US03-0438902
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$345k
CAP Approach CAP
by Request
Comparable Approach Comparable
$681k
Blend (final) Blend
$510k
Owner & transaction history
GEORGE W BARBER
GEORGE W BARBER
Zoning & alternative use
CB2 · Irondale, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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