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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Investment properties
2711 John Hawkins Pkwy Hoover, AL 35244-4004
Individually Owned
Absentee Owner
Free & Clear
Property ID
US03-0571701
Property summary
AI-generated overview
This exceptional 5,850-square-foot flex warehouse/showroom is ideally situated on Highway 150 in the heart of Hoover, Alabama, within Jefferson County. Boasting unparalleled retail visibility due to its location and pylon signage, this single-tenant property receives exposure to an estimated 28,000 vehicles daily. The space is classified as Class C and offers a compelling blend of functional warehouse and attractive showroom areas, perfect for wholesale or retail businesses. The property features approximately 2,600 square feet of climate-controlled office/showroom space, complemented by an additional approximately 1,600 square feet and 1,650 square feet of climate-controlled warehouse space. The entire 5,850 square feet is currently vacant and ready for immediate occupancy. This turnkey solution provides a unique opportunity to establish a thriving business in a high-traffic area with excellent signage opportunities. The property's strategic location and versatile layout make it an attractive investment for a variety of businesses seeking a prominent presence in Hoover. The climate-controlled environment ensures optimal conditions for product storage and display.
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1974
Total area
4,678 SF
Lot
1.6 ac (69,696 SF)
Zoning code
C2
APN
39-00-23-3-000-013.000
UPID
US03-0571701
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
$664k
Blend (final)
Blend
$555k
Owner & transaction history
TIM LANIER
TIM LANIER
Zoning & alternative use
C2 · Hoover, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$780,000
+43.6%
Medical building
$745,000
+37.2%
Auto repair, garage
$660,000
+21.9%
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)
$545,000
Current use
OFFICE BUILDING
$780,000
Change: +44% · Conversion: Easy
MEDICAL BUILDING
$745,000
Change: +37% · Conversion: Easy
AUTO REPAIR, GARAGE
$660,000
Change: +22% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$660,000
Change: +22% · Conversion: Difficult
RETAIL STORES
$450,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$555k
Range $500k – $611k · ±10%
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
$119 / 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
$17,880
Tax year 2022
Assessed value
$269,120
Assessed 2023
Previous assessed
$246,280
+9.3% YoY
Effective rate
6.64%
On assessed value
Assessed land
$167,280
Assessed improvement
$101,840
Land market value
$836,400
Improvement market value
$509,200
Total market value
$1,345,600
Applied tax rate
66.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1974
Heating
SPACE
Cooling
YES
Stories
1
Bathrooms
1
Total area
4,678 SF
Lot
1.6 ac (69,696 SF)
Zoning code
C2
APN
39-00-23-3-000-013.000
UPID
US03-0571701
Jurisdiction
JEFFERSON
Zoning & alternative use
C2 · Hoover, AL
Zoning C2 · permitted uses
C2 · 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
$545,000
OFFICE BUILDING
Est. value
$780,000
MEDICAL BUILDING
Est. value
$745,000
AUTO REPAIR, GARAGE
Est. value
$660,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$660,000
RETAIL STORES
Est. value
$450,000
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
MEDICAL BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
1974
Heating
SPACE
Cooling
Yes
Stories
1
Bathrooms
1
Lot
1.6 ac
Current owner
From public records · entity-resolved
TIM LANIER
Individual
Free & Clear · 0 yrs held
Mailing address
25910 CANAL RD #154, ORANGE BEACH, AL 36561-5014
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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