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Property profile & analytics
OFF-MARKET
Estimated value
$1,230,000
Office buildings
2084 Valleydale Rd Hoover, AL 35244-2084
Entity Owned
~
Est. High Equity
Property ID
US03-1216321
Property summary
AI-generated overview
This exceptional Class A office building, located at 2084 Valleydale Road in Hoover, Alabama, presents a rare investment or owner-occupancy opportunity. The 6,600 square foot single-story building sits on a generous 2.22-acre lot, offering fantastic visibility and accessibility. Boasting a prime location on high-traffic Valleydale Road, the property benefits from over 21,000 cars passing daily. Its strategic position provides easy access to I-65, Highway 31, and is conveniently located near Highway 119. The asking price is $1,500,000, translating to $227.27 per square foot. The property's versatile design allows for easy conversion to accommodate various uses, including medical offices, making it an attractive option for a wide range of businesses. This is a unique opportunity to acquire a substantial commercial property in a thriving Hoover location. The property is being offered for sale by owner and broker co-op is available. The zip code is 35244 and the property is situated in Shelby County.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,525 SF
Lot
2.22 ac (96,703 SF)
APN
109300001016001
UPID
US03-1216321
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
$1.29M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.23M
Owner & transaction history
Serendipity Hill LLC
Serendipity Hill LLC
since 2025
Last sale
$1.2M
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.8M
+64.2%
Neighborhood: shopping center
$1.8M
+62.3%
Apartment house (5+ units)
$1.3M
+21.1%
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
$1,245,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,395,000
6.5%
$1,285,000
7%
$1,195,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,085,000
Current use
RESTAURANT
$1,785,000
Change: +64% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$1,765,000
Change: +62% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,315,000
Change: +21% · Conversion: Easy
MEDICAL BUILDING
$1,160,000
Change: +7% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,050,000
Change: -3% · Conversion: Difficult
COMMERCIAL (GENERAL)
$875,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$1.23M
Range $1.11M – $1.35M · ±10% · vs last sale $1.20M (Dec 15 2025)
Last sale anchor
$1.20M
Dec 15 2025
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
$189 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$9,289
Tax year 2023
Assessed value
$137,220
Assessed 2023
Previous assessed
$137,220
+0.0% YoY
Effective rate
6.77%
On assessed value
Applied tax rate
13.0000
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 buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Stories
1
Rooms
5
Bathrooms
1
Total area
6,525 SF
Lot
2.22 ac (96,703 SF)
APN
109300001016001
UPID
US03-1216321
Jurisdiction
SHELBY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.1M
RESTAURANT
Est. value
$1.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$875,000
OFFICE BUILDING Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
5
Bathrooms
1
Lot
2.22 ac
Current owner
From public records · entity-resolved
Serendipity Hill LLC
Entity
Mailing address
3000 SOUTHLAKE PARK STE #200, HOOVER, AL 35244-3615
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2025
$1,200,000
Serendipity Hill LLC
Pda Medplex Properties LLC
Warranty Deed
$1,505,924 · Pinnacle Bank
May 1, 2023
$1,300,000
Pda Medplex Properties LLC
Mcconnell White Terry Rlty & Ins Co
Warranty Deed
$1,170,000 · Servisfirst Bank
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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