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Property profile & analytics
OFF-MARKET
Investment properties
8244 2nd S Ave Birmingham, AL 35206-3301
Individually Owned
2-yr Hold
Free & Clear
Property ID
US03-0979234
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1925
Total area
3,214 SF
Lot
0.12 ac (5,150 SF)
Zoning code
R4
APN
23-00-11-3-004-013.000
UPID
US03-0979234
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Christopher P Suarez · 2 yrs held
Christopher P Suarez
since 2024
7 recorded transactions
Zoning & alternative use
R4 · Birmingham, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Birmingham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Birmingham submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$1,920
Tax year 2022
Assessed value
$36,000
Assessed 2023
Previous assessed
$26,480
+36.0% YoY
Effective rate
5.33%
On assessed value
Assessed land
$1,760
Assessed improvement
$34,240
Land market value
$8,800
Improvement market value
$171,200
Total market value
$180,000
Applied tax rate
33.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1925
Heating
NONE
Cooling
NONE
Stories
1
Bathrooms
1
Total area
3,214 SF
Lot
0.12 ac (5,150 SF)
Zoning code
R4
APN
23-00-11-3-004-013.000
UPID
US03-0979234
Jurisdiction
JEFFERSON
Zoning & alternative use
R4 · Birmingham, AL
Zoning R4 · permitted uses
R4 · Birmingham, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Birmingham. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1925
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
Christopher P Suarez
Individual
Free & Clear · 2 yrs held
Mailing address
8244 2ND AVE S, BIRMINGHAM, AL 35206-3301
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 14, 2024
—
Christopher P Suarez
Monroe Park Properties LLC
Warranty Deed
—
Oct 6, 2021
$170,000
Flip Apollo LLC
Elmer A Osorto
Warranty Deed
—
Jun 1, 2021
$68,500
Lb Thompson Grp LLC
Fred James Weldon
Warranty Deed
—
Jun 1, 2021
$88,000
Elmer A Osorto
Lb Thompson Grp LLC
Warranty Deed
—
Aug 9, 2005
$126,000
Weldon,fred J
Stevens,irma V
Warranty Deed
$81,900 · Interbay Fndg
Apr 18, 2005
—
Stevens,irma V
—
Trustees Deed
related
$57,500 · Yardley Group INC
Oct 1, 1996
$75,000
New Owner
Bright,verna L
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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