Technical
Financial
Distress signals
Property profile

3065 Lorna Rd Hoover, AL 35216

OFF-MARKET
Strip malls
Property ID
US03-0392701
7,680 SF 0.99 ac lot Built 1985
Entity Owned 7-yr Hold Free & Clear
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1985
Total area 7,680 SF
Lot 0.99 ac (43,060 SF)
Zoning code C1
APN 39-00-12-1-004-007.001
UPID US03-0392701

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 Credit Union
  • Medical Clinic
  • Grocery & Convenience Store Specialty Food Shop
  • (Bike/Boat/Book/etc) Store
  • Bank Credit Union

Location

3065 Lorna Rd Hoover, AL 35216-4541
Hoover metro Census 12908 BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.47M
Comparable Approach Comparable
by Request
Blend (final) Blend
$200k

Owner & transaction history

since 2019
3 recorded transactions
2019
$700,000
2019
$764,000
1995
$420,000

Zoning & alternative use

C1 · Hoover, AL

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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