Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Residential Lots in Bluff Park Title is generated by Realmo AI

    3421 SMITH FARM DRIVE, Hoover, AL 35226

    View on Map
    Claim this Listing
    For Sale
    $159,575

    Lots - HOOVER, AL

    Lot size:
    0.51 Acres
    Added:
    Mar 7, 2026
    Days on Market:
    63
    Last Refresh:
    May 9 at 5:06 pm

    Property Features for 3421 SMITH FARM DRIVE

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.51 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Harold Collins
    Harold Collins

    Listing agent Harold Collins

    Listing office eXp Realty, LLC Central 100 Chase Park South #128, Hoover, AL

    Listing date Mar 7, 2026

    MLS# 21445762 Listing URL

    Copyright © 2026 Greater Alabama MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Large, level lot suitable for building a custom home.
    • Located in the desirable Bluff Park area.
    • Opportunity to choose your own builder.
    • Community features include sidewalks, streetlights, and underground utilities.
    • Cul‑de‑sac location.
    • Close proximity to Shades Cliff Pool and Bluff Park Elementary School.

    Overview

    These residential lots offer the opportunity to build a custom home in the historic community of Bluff Park. The property features large, level lots situated on cul-de-sacs, complemented by sidewalks and streetlights. Utilities, including cable, phone, and power, are located underground. The location is near Shades Cliff Pool and less than 5 minutes from Bluff Park Elementary. This property is located in Smith Farms.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Hoover
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.8396
    Latitude
    33.3969

    Nearby Similar for Sale

    • $375,000

      Residential Land in Greystone Founders

      3.6 acre homesite in premier Birmingham community.
      7011 MONTROSE ROAD, HOOVER, AL 35242
      View Details
    • $389,999

      Prime Hoover Acreage Opportunity

      3.67 acres in Hoover, AL, approved for residential development.
      3420 PRIMM LANE, HOOVER, AL 35216
      View Details
    • $46,000

      Residential Lot in Hoover, AL

      0.53 acre lot zoned for top schools.
      4754 SANDPIPER LANE, HOOVER, AL 35244
      View Details
    • $399,900

      Greystone Golf Community Lot

      Residential lot in gated Greystone Golf Community.
      1053 GREYMOOR ROAD, HOOVER, AL 35242
      View Details
    • $29,900

      Sunset View Land in Hoover

      Pristine 0.98-acre land with sunset views in award-winning school district.
      3996 SOUTH SHADES CREST ROAD, HOOVER, AL 35244
      View Details
    • $279,000

      Prime Land in Hoover, AL

      1.2 acres near Lorna Rd, suitable for development.
      2159 OLD ROCKY RIDGE ROAD, HOOVER, AL 35216
      View Details
    • $609,900
      4,906 SF

      Multi-Unit Office Building For Sale

      Well-located office building with significant rent repositioning upside.
      2173 Clearbrook Road, HOOVER, AL 35226
      View Details
    • $39,000

      Wooded Lots in Shadesville Subdivision

      Three wooded lots totaling approximately 0.48 acres in Hoover, AL.
      1847 WISTERWOOD DRIVE, HOOVER, AL 35226
      View Details
    • $139,900

      Residential Lot in Bluff Park

      Cleared residential lot in Hoover's desirable Bluff Park neighborhood.
      1022 ALFORD AVENUE, HOOVER, AL 35226
      View Details
    • $389,999

      Residential Lot on Golf Course

      Spacious 0.60 acre lot on Ross Bridge golf course.
      1795 GLASSCOTT TRAIL, HOOVER, AL 35226
      View Details
    • $45,000

      Vacant Lot in Hoover

      Vacant wooded lot in Hoover near shopping, dining, and entertainment.
      1924 CHARLOTTE DRIVE, HOOVER, AL 35226
      View Details
    • $39,000

      Residential Lot in Hoover

      Residential lot for sale in a convenient Hoover location.
      0 MAYFLOWER DRIVE, HOOVER, AL 35226
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Large, level lots in historic Bluff Park community.
    Where is this residential land & home lot located?
    The property is located at 3421 SMITH FARM DRIVE Hoover, AL.
    What is the asking price?
    The asking price for this property is $159,575.
    What are key features of this property?
    This property features: Large, level lot suitable for building a custom home.; Located in the desirable Bluff Park area.; Opportunity to choose your own builder.
    (205) 919-1861
    We can help!
    Listing Contact
    Harold Collins
    Harold Collins
    Real Estate License ID: 100777
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3421 SMITH FARM DRIVE, HOOVER, AL 35226
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!