3440 Lorna Ln Hoover, AL 35216
- Warehouses
- 7,071 SF
- 0.67 lot acres
Current Use by Public Records
- Warehouses
Property Details for 3440 Lorna Ln
- Year built
- 1975
- Lot size
- 0.67 lot acres
- Property size
- 7,071 SF
- Zone code
- I1
- Property type
- Warehouses
- APN
- 40-00-07-3-001-072.000
- APU
- 4000073001072000
Description
This exceptional Hoover, Alabama property presents a unique investment opportunity encompassing a thriving, established business and a substantial industrial building. The 11,511 square foot building sits on a 0.67-acre lot and is zoned for light industrial use. The business, operating successfully since 1976, specializes in automobile upholstery and boasts a loyal client base, making it the largest such operation in Alabama. The sale includes the business, its existing inventory, and the entire building. The building itself offers a versatile layout ideal for continued business operations and potential expansion. A newly remodeled 2,280 square foot office space with two bathrooms welcomes clients upon entry. Beyond the office, a spacious 5,047 square foot warehouse/shop area provides ample room for production, also featuring two bathrooms. Adding to the property's income potential is a 4,000 square foot upper-level space with a separate entrance, suitable for leasing. Conveniently located on the main level is a one-bedroom apartment complete with a living space, full kitchen, and bathroom. The second level also includes additional office space, a restroom, and a kitchenette. Ample parking is available for approximately 30 vehicles. This turnkey operation offers a rare blend of established business success and significant real estate potential, priced at $1,300,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hoover
- County
- Jefferson
- State
- Alabama
- Longitude
- -86.7952
- Latitude
- 33.3935
- CBSA code
- 13820
- CBSA name
- BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA