Two-Story Office Building For
For Sale
Contact for pricing
3057 Lorna Rd, Birmingham, AL 35216
Well-maintained office building with high visibility and convenient access.
Property Size16,800 SF
Price / SF$89.29
Days on Market2619
Property Features for 3057 Lorna Rd
General Information
Standard status
Active
Size
16,800 SF
Class
B
Total Parking Spaces
78
Property subtype
Office
Lease Type
Modified Gross
Investment Type
Owner/User
Building Details
Year Built
1989
Year Renovated
2020
Buildings
1
Stories
2
Tenancy
Multi
Listing Agency:
Mark Dinan Commercial & Investment Real Estate
(205) 980-3434
Listed By:
Mark Dinan · License #AL 000044694
Source:
Crexi
Added: Jul 2, 2019
Changed: Aug 25
Last Checked: Aug 30 at 9:29PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mark Dinan Commercial & Investment Real Estate
Investment Insights
Based on property information with market context.
This 16,800 square foot, two-story office building, constructed in 1989, is in excellent condition and suitable for an owner-user or investor. The property benefits from a well-known and recognized location with easy and convenient access, situated only approximately 0.5 miles from I-65. It features abundant curb-side level parking, accommodating 78 cars. The parking lot has been recently sealed. The building offers high visibility and monument signage, complemented by attractive architecture and landscaping. The property is near major retailers and businesses, including Publix, Regions, Wells Fargo, Golden Rule, McDonalds, Chick-fil-a, Krispy Kreme, and Starbucks. The City of Hoover is investing in the area. The property also has easy and convenient access to Hwy 31 and Lorna Rd. The property generates $87,000 in rental income from 3 national tenants. Property taxes were $31,939 in 2022.
Key Highlights
- High Rental Income: $87,000 annual income from 3 national tenants.
- Prime Location: Highly visible building with monument signage, near major retailers and businesses.
- Convenient Access: Easy and convenient access, only 1/2 mile to I‑65, Hwy 31 and Lorna Rd.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,252
Businesses Nearby
Explore this area
Business Placement
Demographics for 35216, AL
36,673
Population
16,333
Households
2.2
Avg Household Size
35
Median Age
53%
College-Educated
94%
High-School Grad
13.0 sq mi
ZIP Area
2,821
Density / Sq Mi
$73,125
Median Household Income
$42,767
Median Earnings
$1,314
Median Rent
$376,200
Median Home Value
Market
Vacancy Rate% for Office in Birmingham, AL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Well-maintained office building with high visibility and convenient access.
Where is this office building located?
The property is located at 3057 Lorna Rd Birmingham, AL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: High Rental Income: $87,000 annual income from 3 national tenants.; Prime Location: Highly visible building with monument signage, near major retailers and businesses.; Convenient Access: Easy and convenient access, only 1/2 mile to I‑65, Hwy 31 and Lorna Rd.
