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Property profile & analytics
OFF-MARKET
Estimated value
$3,195,000
Investment properties
3260 Galleria Cir Hoover, AL 35244-2335
Entity Owned
5-yr Hold
Free & Clear
Property ID
US03-0959302
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1994
Total area
10,106 SF
Lot
1.04 ac (45,477 SF)
Zoning code
PC
APN
39-00-13-3-000-005.023
UPID
US03-0959302
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.15M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.00M
Blend (final)
Blend
$3.20M
Owner & transaction history
Maltese Family Holdings Lllp · 5 yrs held
Maltese Family Holdings Lllp
since 2021
Last sale
$3.3M
6 recorded transactions
Zoning & alternative use
PC · Hoover, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.8M
+103.4%
Neighborhood: shopping center
$2.7M
+101.1%
Apartment house (5+ units)
$2.0M
+50.0%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Hoover submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hoover submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$3,035,000
ML approach
$3,150,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$2,765,000
Change: +103% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,730,000
Change: +101% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,040,000
Change: +50% · Conversion: Moderate
Blend value · Realmo final
$3.20M
Range $2.88M – $3.51M · ±10% · vs last sale $3.30M (Apr 16 2021)
Last sale anchor
$3.30M
Apr 16 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$316 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$29,355
Tax year 2022
Assessed value
$428,360
Assessed 2023
Previous assessed
$386,800
+10.7% YoY
Effective rate
6.85%
On assessed value
Assessed land
$199,298
Assessed improvement
$229,062
Land market value
$1,045,900
Improvement market value
$1,202,100
Total market value
$2,248,000
Applied tax rate
23.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1994
Heating
FORCED AIR
Cooling
YES
Stories
1
Bathrooms
1
Total area
10,106 SF
Lot
1.04 ac (45,477 SF)
Zoning code
PC
APN
39-00-13-3-000-005.023
UPID
US03-0959302
Jurisdiction
JEFFERSON
Zoning & alternative use
PC · Hoover, AL
Zoning PC · permitted uses
PC · Hoover, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hoover. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$2.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.0M
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1994
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
1.04 ac
Current owner
From public records · entity-resolved
Maltese Family Holdings Lllp
Entity
Free & Clear · 5 yrs held
Mailing address
1015 VINTAGE CLB DR, JOHNS CREEK, GA 30097-5914
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 16, 2021
$3,300,000
Maltese Family Holdings Lllp
Fedmen LLC
Warranty Deed
—
Apr 26, 2017
—
Fedmen LLC
—
Deed
related
$1,367,000 · Avadian Cu
Mar 23, 2010
$1,350,000
Fedmen LLC
Owner Name Unavailable
Grant Deed
related
—
May 29, 1996
$2,241,000
M Grammas Peter
Peter,m Grammas
Grant Deed
related
—
May 1, 1996
$2,242,000
New Owner
Commercial Relty
Grant Deed
related
—
—
—
Fedmen LLC
—
Deed Of Trust
related
$1,367,000 · Avadian Cu
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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