1849 Data Dr Hoover, AL 35244
Property Lookup
Property profile & analytics
1849 Data Dr Hoover, AL 35244
- Office properties & Spaces
- 21,923 SF
- 3.35 lot acres
Property ID
US03-0737018
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Office properties & Spaces
Property Details for 1849 Data Dr
- Year built
- 1986
- Construction
- STEEL FRAME
- Lot size
- 3.35 lot acres
- Property size
- 21,923 SF
- Zone code
- PO
- Property type
- Office properties & Spaces
- APN
- 40-00-18-3-000-004.000
- APU
- 4000183000004000
Description
This exceptional office property, located at 1849 Data Drive in Hoover, Alabama, offers a variety of spaces to suit your business needs. The building, a three-story Class B structure built in 1986 and renovated in 2008, boasts a total of 30,000 square feet, with 8,781 square feet currently available for lease. The available space is situated on the third floor and offers flexible options ranging from smaller suites to larger blocks of space. The property sits on a 3.5-acre lot and provides ample parking at a ratio of 4 spaces per 1,000 square feet. Enjoy a Class A lobby and reception area, adding a touch of sophistication to your business operations. This location offers a significant advantage with no city occupational taxes. Its strategic location near the Riverchase Galleria provides easy access to a wide array of amenities, including restaurants, hotels, and banking facilities. Furthermore, its convenient access to Interstates 65 and 459 ensures seamless commutes for your employees and clients. The property is available for occupancy on October 1, 2024. This is a rare opportunity to secure high-quality office space in a thriving Hoover submarket, within the Pelham submarket cluster, and with a zip code of 35244. The property is suitable for executive, creative, or traditional office uses.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $4,240,000
- 6.5%
- $3,915,000
- 7%
- $3,635,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $4,458,000
- AI Estimate
- $2,356,000
Market price range: $1.14M - $5.57MMarket price range: $496k - $3.35M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $2,945,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $5,925,000 Change: +101% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $4,420,000 Change: +50% Conversion: Moderate
- MEDICAL BUILDING
- $3,900,000 Change: +32% Conversion: Easy
- OFFICE BUILDING
- $3,650,000 Change: +24% Conversion: Easy
- AUTO REPAIR, GARAGE
- $3,530,000 Change: +20% Conversion: Difficult
- RETAIL STORES
- $2,680,000 Change: -9% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Hoover
- County
- Jefferson
- State
- Alabama
- Longitude
- -86.7953
- Latitude
- 33.375
- CBSA code
- 13820
- CBSA name
- BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$56,679
$189,660
$765,220
$954,880
-
$948,300
$3,826,100
$4,774,400
