Property profile

Birmingham, AL 35224

OFF-MARKET
Office Spaces
Property ID
US03-0813219
15,702 SF 7.2 ac lot Built 2020
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 2020
Total area 15,702 SF
Lot 7.2 ac (313,632 SF)
Zoning code I2
APN 30-00-10-3-001-001.003
UPID US03-0813219

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Birmingham, AL 35224
Birmingham metro Census 13901 BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.81M
Comparable Approach Comparable
$3.99M
Blend (final) Blend
$260k

Owner & transaction history

Zoning & alternative use

I2 · Birmingham, AL
Zoning description

2. Heavy Industrial (I-2) District. The heavy industrial district is designed to allow for heavy manufacturing. These uses typically require significant truck traffic and/or rail connections. Uses in this district includ…

General category INDUSTRIAL
Top alternative use upside
Restaurant $4.3M +103.4%
Neighborhood: shopping center $4.2M +101.1%
Apartment house (5+ units) $3.2M +50.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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