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    Property profile & analytics

    3241 Lorna Rd Hoover, AL 35216-5403

    • Investment properties
    • 2,766 SF
    • 0.41 lot acres
    OFF-MARKET
    Value Estimation
    $365,000
    Location Intelligence
    Property ID
    US03-0768313
    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 3241 Lorna Rd

    Year built
    1974
    Lot size
    0.41 lot acres
    Property size
    2,766 SF
    Zone code
    C1
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    39-00-12-4-003-003.002
    APU
    3900124003003002

    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
    -86.7993
    Latitude
    33.3961
    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
    $2,926
    $32,240
    $11,180
    $43,420
    -
    $161,200
    $55,900
    $217,100

    Comparable in this City

    • 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
    • Value Estimation by Request
      35,498 SF

      1360 Montgomery Hwy

      OFFICE/RESIDENTIAL (MIXED USE) • 35,498 SF
      1360 Montgomery Hwy, Vestavia Hills, AL 35216-2749
      View Details
    • Value Estimation
      $95,000
      17,958 SF

      1441 Montgomery Hwy

      OFFICE/RESIDENTIAL (MIXED USE) • 17,958 SF
      1441 Montgomery Hwy, Vestavia Hills, AL 35216-3606
      View Details
    • Value Estimation by Request
      62,843 SF

      730 Montgomery Hwy

      OFFICE/RESIDENTIAL (MIXED USE) • 62,843 SF
      730 Montgomery Hwy, Vestavia Hills, AL 35216-1812
      View Details
    • Value Estimation
      $405,000
      3,390 SF

      3253 Lorna Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 3,390 SF
      3253 Lorna Rd, Hoover, AL 35216-5403
      View Details
    • Value Estimation
      $575,000
      25,131 SF

      521 Montgomery Hwy

      OFFICE/RESIDENTIAL (MIXED USE) • 25,131 SF
      521 Montgomery Hwy, Vestavia Hills, AL 35216-1878
      View Details

    Similar Nearby for Sale

    • $650,000
      0.75 Acres

      Hoover Office Building For Sale

      Prime Hoover office property with high traffic count. Cash buyers.
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    • $795,000
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      Prime 4.6-acre build-ready lot.
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      Residential Land in Homewood, AL

      2.1 acre lot in premier Homewood neighborhood with city view.
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    • $1,100,000
      10,176 SF

      Hoover Multifamily Investment Opportunity

      Well-maintained, renovated 8-unit multifamily property in desirable Hoover, AL.
      3252 Warringwood Dr, Hoover, AL 35216
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    • $895,000
      4.60 Acres

      Prime 4.6-Acre Birmingham Land

      Exceptional development opportunity in Vestavia.
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      View Details
    • $2,480,000
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      Prime Hoover Hwy Commercial Property

      High-visibility motel, restaurants, development potential.
      1535 Montgomery Hwy, Hoover, AL 35216
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    Similar Nearby for Lease

    • Contact for pricing
      54,710 SF

      Vestavia Hills Retail Space Available

      Prime Retail Center, 3 Spaces Available
      1425 Montgomery Hwy, Vestavia Hills, AL 35216
      View Details
    • $11 SF/Yr
      10,000 SF

      Hoover Flex Space For Rent

      Flex space with office, dock door, and convenient location.
      3433-3439 Lorna Ln, Hoover, AL 35216
      View Details
    • $19 SF/Yr
      56,000 SF

      Highpoint Office Center: Prime Space Available

      Class A Office Suites, Birmingham, AL
      400 Vestavia Pkwy, Vestavia Hills, AL 35216
      View Details
    • Contact for pricing
      391,899 SF

      Vestavia Hills Retail Center

      Prime Retail Space, Vestavia Hills, AL
      700 Montgomery Hwy, Vestavia Hills, AL 35216
      View Details
    • $11 SF/Yr
      20,800 SF

      Hoover Office Space Available

      Modern Office Suites, Hoover, AL
      1572 Montgomery Hwy, Hoover, AL 35216
      View Details
    • Contact for pricing
      9,813 SF

      Hoover Village Retail Space For Lease

      Prime Hoover retail, multiple spaces available.
      1580 Montgomery Hwy, Hoover, AL 35216
      View Details
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    3241 Lorna Rd
    Hoover, AL 35216-5403
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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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