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Property profile & analytics
OFF-MARKET
Estimated value
$6,480,000
Office Spaces
1853 Data Dr Hoover, AL 35244-1202
Entity Owned
Absentee Owner
Free & Clear
Property ID
US03-0080080
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1989
Total area
51,532 SF
Lot
9.2 ac (400,752 SF)
Zoning code
PO
APN
40-00-19-2-000-002.002
UPID
US03-0080080
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.48M
Blend (final)
Blend
$6.48M
Owner & transaction history
H & H Properties Al LLC
H & H Properties Al LLC
since 2026
Last sale
$30,000
7 recorded transactions
Zoning & alternative use
PO · Hoover, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$10.4M
+50.0%
Medical building
$9.2M
+32.4%
Office building
$8.6M
+23.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Hoover submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hoover submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$6,925,000
Current use
APARTMENT HOUSE (5+ UNITS)
$10,390,000
Change: +50% · Conversion: Moderate
MEDICAL BUILDING
$9,175,000
Change: +32% · Conversion: Easy
OFFICE BUILDING
$8,585,000
Change: +24% · Conversion: Easy
AUTO REPAIR, GARAGE
$8,295,000
Change: +20% · Conversion: Difficult
RETAIL STORES
$6,300,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$6.48M
Range $5.83M – $7.13M · ±10% · vs last sale $30k (Jul 5 2024)
Last sale anchor
$30k
Jul 5 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$126 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$104,868
Tax year 2022
Assessed value
$1,815,740
Assessed 2023
Previous assessed
$1,444,460
+25.7% YoY
Effective rate
5.78%
On assessed value
Assessed land
$480,900
Assessed improvement
$1,334,840
Land market value
$2,404,500
Improvement market value
$6,674,200
Total market value
$9,078,700
Applied tax rate
23.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1989
Heating
FORCED AIR
Cooling
YES
Stories
2
Bathrooms
2
Total area
51,532 SF
Lot
9.2 ac (400,752 SF)
Zoning code
PO
APN
40-00-19-2-000-002.002
UPID
US03-0080080
Jurisdiction
JEFFERSON
Zoning & alternative use
PO · Hoover, AL
Zoning PO · permitted uses
PO · Hoover, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hoover. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$6.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$10.4M
MEDICAL BUILDING
Est. value
$9.2M
OFFICE BUILDING
Est. value
$8.6M
AUTO REPAIR, GARAGE
Est. value
$8.3M
RETAIL STORES
Est. value
$6.3M
COMMERCIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1989
Heating
FORCED AIR
Cooling
Yes
Stories
2
Bathrooms
2
Lot
9.2 ac
Current owner
From public records · entity-resolved
H & H Properties Al LLC
Entity
Free & Clear · 0 yrs held
Mailing address
27 INVERNESS CTR PKWY, HOOVER, AL 35242-4810
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 4, 2026
$62,000
H & H Properties Al LLC
Jay D Sartain
Warranty Deed
—
Feb 17, 2026
$9,078,700
George W Barber JR Management Trust
George W Barber
Warranty Deed
—
Jul 5, 2024
$18,600
Abr Properties LLC
Howard Lee Mosley
Quit Claim Deed
related
—
Jul 5, 2024
$35,000
Nakiyah S Harper
Kevin D Harper
Warranty Deed
related
—
Sep 14, 2020
$30,000
Romel M Hernandez
Michael D Bagby
Warranty Deed
—
Sep 14, 2020
$47,500
Stone Gate Capital LLC
Davis Investment Solutions LLC
Warranty Deed
related
—
Mar 1, 1995
$5,700,000
New Owner
Barber,george W
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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