Technical
Financial
Distress signals
Property profile

3021 Lorna Rd Hoover, AL 35216

OFF-MARKET
Office Spaces
Property ID
US03-0944998
17,496 SF 1.72 ac lot Built 1988
Entity Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1988
Construction STEEL FRAME
Total area 17,496 SF
Lot 1.72 ac (74,749 SF)
Zoning code CP
APN 39-00-01-3-007-001.000
UPID US03-0944998

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
  • Bank Loan Service
  • Loan Service Bank
  • Consultant
  • Dental Office
  • Orthotics & Prosthetics Service Professional Services

Location

3021 Lorna Rd Hoover, AL 35216-4587
Hoover metro Census 12908 BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.03M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.16M
Blend (final) Blend
$2.10M

Owner & transaction history

since 2023
Last sale
$1.9M
1 recorded transaction
2023
$1.9M

Zoning & alternative use

CP · Hoover, AL
Top alternative use upside
Medical building $3.1M +35.2%
Office building $2.9M +27.0%
Auto repair, garage $2.8M +22.3%

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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