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    Property profile & analytics

    3023 Columbiana Rd Vestavia Hills, AL 35216-3506

    • Drive through restaurants
    • 1,748 SF
    • 0.36 lot acres
    OFF-MARKET
    Value Estimation
    $335,000
    Last Sale
    Sep 25, 2020
    $399,828
    Location Intelligence
    Property ID
    US03-0440951
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Drive through restaurants

    Property Details for 3023 Columbiana Rd

    Year built
    1988
    Lot size
    0.36 lot acres
    Property size
    1,748 SF
    Zone code
    B2
    Property type
    Drive through restaurants
    APN
    39-00-01-2-000-023.002
    APU
    3900012000023002

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $335,000

    • CAP approach

      CAP return
      Estimation
      6%
      $310,000
      6.5%
      $310,000
      7%
      $350,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $315,000
      Geo Method
      $340,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $360,000
      Retail
      $365,000
      Mixed-Use
      $300,000
      Hospitality
      $345,000
      Educational
      $305,000
      Residential Income
      $330,000
      Energy
      $385,000
      Income-Based Land
      $335,000
      Food Service
      $285,000

    Location Insight

    • Map
    • Local Demand
    City
    Vestavia Hills
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.8051
    Latitude
    33.4147
    CBSA code
    13820
    CBSA name
    BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $9,460
    $78,400
    $73,160
    $151,560
    -
    $392,000
    $365,800
    $757,800

    Comparable in this City

    • Value Estimation by Request
      3,024 SF

      2304 Columbiana Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,024 SF
      2304 Columbiana Rd, Vestavia Hills, AL 35216-2508
      View Details
    • Value Estimation by Request
      2,757 SF

      1472 Montgomery Hwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,757 SF
      1472 Montgomery Hwy, Vestavia Hills, AL 35216-3607
      View Details
    • Value Estimation
      $355,000
      4,202 SF

      3670 Lorna Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,202 SF
      3670 Lorna Rd, Hoover, AL 35216-5962
      View Details
    • Value Estimation
      $425,000
      3,527 SF

      1447 Montgomery Hwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,527 SF
      1447 Montgomery Hwy, Vestavia Hills, AL 35216-3606
      View Details
    • Value Estimation
      $435,000
      4,590 SF

      707 Montgomery Hwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,590 SF
      707 Montgomery Hwy, Vestavia Hills, AL 35216-1833
      View Details
    • Value Estimation
      $405,000
      3,607 SF

      1555 Montgomery Hwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,607 SF
      1555 Montgomery Hwy, Hoover, AL 35216-4501
      View Details

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      Prime Hoover retail, multiple spaces available.
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      Retail Space in Hoover, Alabama

      Retail space with national tenants and high traffic volume.
      1615 Montgomery Hwy, Hoover, AL 35216
      View Details
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    Vestavia Hills, AL 35216-3506
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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