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    3076 John Hawkins Pkwy Hoover, AL 35244-1011
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    Property profile & analytics

    3076 John Hawkins Pkwy Hoover, AL 35244-1011


    • Turn key restaurants
    • 7,371 SF
    • 1.66 lot acres
    Off-Market
    Last Sale Jul 23, 2025
    $2,070,000
    Property ID
    US03-0505897
    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.

    Value Estimations
    $2,230,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 3076 John Hawkins Pkwy

    Year built
    1995
    Lot size
    1.66 lot acres
    Property size
    7,371 SF
    Zone code
    C4
    Property type
    Turn key restaurants
    APN
    39-00-13-3-000-006.000
    APU
    3900133000006000

    Description

    This exceptional investment opportunity presents a 100% leased, freestanding multi-tenant retail property in Hoover, Alabama. Located at 3076 John Hawkins Pkwy, this 12,150 square foot building sits on a 1.75-acre lot and boasts two strong national tenants: Verizon Wireless and CAVA. Built in 2023, the property benefits from scheduled rent bumps, ensuring consistent income growth. The property enjoys an extremely high-visibility location at the northwest corner of John Hawkins Parkway and US Route 31/Montgomery Highway, a major thoroughfare with 61,341 average annual daily traffic. Its prime outparcel location within a prominent shopping center, near the confluence of Interstates 459 and 65 (combined 234,626 AADT), provides excellent visibility and accessibility. The surrounding area features a robust retail presence, including Costco, Home Depot, Sam's Club, and many other national retailers, creating significant crossover shopping opportunities. The property's location within a five-mile radius of 126,882 residents, with an average annual household income of $129,672, ensures a large and reliable customer base. The property's strong tenants, prime location, and projected population and income growth within the area make this a highly attractive, "Amazon-proof" investment. The current Net Operating Income (NOI) is $342,000, resulting in a 7.03% cap rate, and the asking price is $4,864,000. This is a Net Lease (NN+) investment with a multi-tenant occupancy. The property is offered as a 1031 exchange opportunity.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,555,000
      Market price range: $663k - $3.08M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Hoover
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.805
    Latitude
    33.3769
    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
    $41,912
    $331,940
    $296,680
    $628,620
    -
    $1,659,700
    $1,483,400
    $3,143,100
    More about this property
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