Technical
Financial
Distress signals
Property profile

1853 Data Dr Hoover, AL 35244

OFF-MARKET
Office Spaces
Property ID
US03-0080080
51,532 SF 9.2 ac lot Built 1989
Entity Owned Absentee Owner Free & Clear
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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

Current use

Occupant on record · Public records
  • Construction Company

Location

1853 Data Dr Hoover, AL 35244-1202
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
$8.48M
Blend (final) Blend
$6.48M

Owner & transaction history

since 2026
Last sale
$30,000
7 recorded transactions
2026
$62,000
2026
$9.1M
2024
$18,600
2024
$35,000
2020
$30,000
2020
$47,500
1995
$5.7M

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) $10.4M +50.0%
Medical building $9.2M +32.4%
Office building $8.6M +23.9%

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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