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    Property profile & analytics

    3137 Lorna Rd Hoover, AL 35216-7410

    • Investment properties
    • 8,073 SF
    • 1.27 lot acres
    OFF-MARKET
    Value Estimation
    $470,000
    Location Intelligence
    Property ID
    US03-0889278
    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

    • Investment properties

    Property Details for 3137 Lorna Rd

    Year built
    1985
    Lot size
    1.27 lot acres
    Property size
    8,073 SF
    Zone code
    C1
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    39-00-12-1-004-010.000
    APU
    3900121004010000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hoover
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.8026
    Latitude
    33.3995
    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
    $16,437
    $144,280
    $113,780
    $258,060
    -
    $721,400
    $568,900
    $1,290,300

    Comparable in this City

    • Value Estimation by Request
      8,845 SF

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    • Value Estimation
      $355,000
      2,652 SF

      2050 Greenvale Ln

      OFFICE/RESIDENTIAL (MIXED USE) • 2,652 SF
      2050 Greenvale Ln, Hoover, AL 35216-4504
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    • Value Estimation
      $390,000
      5,668 SF

      1008 Vestavia Pkwy

      OFFICE/RESIDENTIAL (MIXED USE) • 5,668 SF
      1008 Vestavia Pkwy, Vestavia, AL 35216-3786
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    • Value Estimation
      $140,000
      796 SF

      712 Chestnut St

      OFFICE/RESIDENTIAL (MIXED USE) • 796 SF
      712 Chestnut St, Vestavia Hills, AL 35216-1912
      View Details
    • Value Estimation
      $365,000
      2,766 SF

      3241 Lorna Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,766 SF
      3241 Lorna Rd, Hoover, AL 35216-5403
      View Details
    • Value Estimation
      $1,020,000
      9,677 SF

      2960 Columbiana Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 9,677 SF
      2960 Columbiana Rd, Vestavia Hills, AL 35216-3539
      View Details

    Similar Nearby for Sale

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      Hoover Office Building For Sale

      Prime Hoover office property with high traffic count. Cash buyers.
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      2.1 acre lot in premier Homewood neighborhood with city view.
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      Hoover Multifamily Investment Opportunity

      Well-maintained, renovated 8-unit multifamily property in desirable Hoover, AL.
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      Exceptional development opportunity in Vestavia.
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    Similar Nearby for Lease

    • Contact for pricing
      54,710 SF

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    • $11 SF/Yr
      10,000 SF

      Hoover Flex Space For Rent

      Flex space with office, dock door, and convenient location.
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    • $19 SF/Yr
      56,000 SF

      Highpoint Office Center: Prime Space Available

      Class A Office Suites, Birmingham, AL
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    • $16 SF/Yr
      1,950 SF

      Lorna Road Office Space for Lease

      1,950 SF Office, Birmingham, AL
      3033 Lorna Rd, Birmingham, AL 35216
      View Details
    • Contact for pricing
      25,428 SF

      Lorna Square Office Suites

      Hoover, AL Office Space Available
      3150 Lorna Rd, Hoover, AL 35216
      View Details
    • $18 SF/Yr
      13,396 SF

      Vestavia Hills Office Space Available

      Prime Office/Medical Suites in Vestavia Hills
      700 Montgomery Hwy, Vestavia Hills, AL 35216
      View Details
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    3137 Lorna Rd
    Hoover, AL 35216-7410
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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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