7608 1St AveBirmingham, AL 35206
- Mixed-use properties
- 4,450 SF
For Sale
$289,900
View listing
Property Details for 7608 1St Ave
- Year built
- 1958
- Lot size
- 0.23 AC
- Property size (Sq ft)
- 4,450 SF
- Zone code
- CB2
- Property type
- Mixed-use properties
- Property subtype
- Other investment properties
- APN
- 23-00-15-1-006-003.000
- APU
- 2300151006003000
Description
This exceptional investment opportunity presents a 4,450-square-foot retail property located at 7608 1st Ave N in Birmingham, Alabama, within Jefferson County (zip code 35206). The property, built in 1958 and boasting a Class C rating, sits on a 10,000-square-foot lot (APN 2300151006003000) and is currently vacant. The building is divided into two units
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $941,194
- 6.5%
- $868,795
- 7%
- $806,738
-
Comparable approach
- Method
- Valuation
- Relative Method
- $724,860
- Geo Method
- $868,017
-
Alternative Use
- Use
- Valuation
- Residential
- $1,077,306
- Hospitality
- $986,806
- Educational
- $821,011
- Medical
- $849,247
- Retail
- $1,277,128
7608 1St Ave, Birmingham, Alabama
Location Insight
- City
- Birmingham
- County
- Jefferson
- State
- Alabama
- Latitude
- 33.5609
- Longitude
- -86.73
- CBSA code
- 13820
- CBSA name
- BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$2,442
$9,000
$34,180
$43,180
-
$45,000
$170,900
$215,900
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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