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    3585 Lorna Ridge Dr Hoover, AL 35216

    For Sale
    $685,000

    Prime Hoover location, 5,052 SF office.

    Property size:
    5,052 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional two-story, 5,052 square foot office building is situated in the heart of Hoover, Alabama, at 3585 Lorna Ridge Drive, 35216. Built in 1986, this Class B property boasts a convenient location less than two minutes from the I-459/Highway 31 exit (Hoover Galleria exit), providing easy access to major transportation arteries. The building sits on a 0.27-acre lot and is zoned CP. The interior features ten offices, two conference rooms, and a shared common area on each floor, offering ample space for a variety of professional uses. Four bathrooms are conveniently located throughout the building. The property benefits from updated HVAC systems, ensuring comfortable year-round operation. A large unfinished attic provides additional storage potential. The building's proximity to the Riverchase Galleria, one of the Southeast's largest shopping malls, offers employees and clients a wide array of dining and retail options. This well-maintained brick building presents a compelling opportunity for businesses seeking a prominent presence in a thriving commercial district. The property's strategic location near the I-65/I-459 interchange further enhances its appeal.

    Property Features for 3585 Lorna Ridge Dr

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    5,052 SF
    Class
    B
    Lot Size
    11,761 SF

    Building Details

    Year Built
    1986
    Buildings
    1
    Stories
    2

    HighLights

    • Prime Hoover, AL location, less than 2 minutes from I‑459/Hwy 31 (Hoover Galleria exit).
    • Four bathrooms.
    • Updated HVAC systems.
    • Large unfinished attic offering substantial storage.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hoover
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.792399394406
    Latitude
    33.393099656224

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Hoover location, 5,052 SF office.
    Where is this office property / space located?
    The property is located at 3585 Lorna Ridge Dr Hoover, AL.
    What is the asking price?
    The asking price for this property is $685,000.
    What are key features of this property?
    This property features: Prime Hoover, AL location, less than 2 minutes from I-459/Hwy 31 (Hoover Galleria exit).; Four bathrooms.; Updated HVAC systems.
    (205) 598-8302
    Request Owner's contact information
    3585 Lorna Ridge Dr Hoover, AL 35216
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    Hoover, AL 35216
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    Realmo Value Estimation

    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.

    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.

    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
    3585 Lorna Ridge Dr Hoover, AL 35216
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