Technical
Financial
Distress signals
Property profile

1851 Data Dr Hoover, AL 35244

OFF-MARKET
Assisted living facilities
Property ID
US03-0341004
84,806 SF 6 ac lot Built 1998
Entity Owned 6-yr Hold Free & Clear
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1998
Total area 84,806 SF
Lot 6 ac (261,360 SF)
Zoning code PO
APN 40-00-19-2-000-002.000
UPID US03-0341004

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
  • Physician
  • Nursing Home Retirement Community
  • Retirement Community

Location

1851 Data Dr Hoover, AL 35244-2521
Hoover metro Census 12913 BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
$2.54M

Owner & transaction history

since 2020
7 recorded transactions
2020
$500
2019
Price N/A
2015
$6.9M
2015
$6.1M
2010
Price N/A
2007
$130,000
2007
$150,918

Zoning & alternative use

PO · Hoover, AL
Zoning description

s may be amended by the City of Hoover. D. Area and dimensional regulations: 1) Maximum density: Seven dwelling units per gross acre 2) Minimum livable floor area of dwelling unit: 1,000 sf §8.04.03 Planned office (PO) A…

General category RESIDENTIAL
Top alternative use upside
Apartment house (5+ units) $4.0M +43.7%

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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