Technical
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Property profile

2344 Valleydale Rd Hoover, AL 35244

OFF-MARKET
Office buildings
Property ID
US03-0657343
3,212 SF 0.5 ac lot Built 1994
Individually Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Class A office space, located at 2344 Valleydale Road in the Hoover submarket of Birmingham, offers a prime location for businesses seeking a prestigious address. The single-tenant building, constructed in 1987, boasts a total of 3,200 square feet, with 1,600 square feet currently available. This ground-level suite features a private entrance, enhancing privacy and accessibility. The 1,598 square feet of available space includes a welcoming reception area, two individual offices ideal for executive use or team collaboration, and a convenient storage room. Additional amenities include a shared kitchen and restroom, adding to the overall functionality and convenience of the space. The property sits on a 1,600 square foot lot and is zoned O & I, providing flexibility for various business types. This executive office suite is perfect for a variety of uses, including medical offices and coworking spaces, making it a versatile option for discerning businesses. The property's location on Valleydale Road ensures high visibility and easy access for clients and employees. This is a rare opportunity to secure a well-appointed, conveniently located office space in a thriving Birmingham submarket.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1994
Construction WOOD
Total area 3,212 SF
Lot 0.5 ac (21,780 SF)
APN 105210002009001
UPID US03-0657343

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Crisis Center Medical Clinic
  • Counselor
  • Insurance Agency
  • Insurance Agency

Location

2344 Valleydale Rd Hoover, AL 35244-2089
Hoover metro Census 30304 BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$480k

Owner & transaction history

since 2022
Last sale
$450,000
6 recorded transactions
2022
$450,000
2006
$400,000
2006
$19,040
2005
Price N/A
1969
Price N/A
1969
Price N/A

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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