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Property profile & analytics
OFF-MARKET Estimated value $1,445,000
Medical Office Space

909 18th S St Birmingham, AL 35205-3711

10,126 SF 0.37 ac lot Built 1959
Individually Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US03-0407153
Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1959
Construction CONCRETE
Total area 10,126 SF
Lot 0.37 ac (16,000 SF)
Zoning code B2
APN 29-00-01-1-018-002.000
UPID US03-0407153
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
  • Burleson building University
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.98M
Comparable Approach Comparable
$1.03M
Blend (final) Blend
$1.45M
Owner & transaction history
Board Of Trs Of The University Of A · 1 yrs held
Board Of Trs Of The University Of A
since 2024
1 recorded transaction
2024
Price N/A
Zoning & alternative use
B2 · Birmingham, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Section 2. B-2 General Business District Subsection 1. Generally. The regulations set forth in this Section or set forth elsewhere in this Ordinance, when referred to in this Section, are the regulations in the B-2 General Business District. Subsection 2. Use regulations. A building or premises shall be used only for the following purposes: 1. Any use permit…

Zone name General Business
General category CIVIC_INSTITUTIONAL
Zone area 1,270.49 ac
Source Planning/Zoning (MapServer)
Top alternative use upside
Apartment house (5+ units) $2.0M +13.3%
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