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    Property profile & analytics

    3423 Lorna Ln Hoover, AL 35216-5227

    • Warehouses
    • 3,640 SF
    • 1.08 lot acres
    OFF-MARKET
    Value Estimation
    $525,000
    Location Intelligence
    Property ID
    US03-0782441
    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

    • Warehouses

    Property Details for 3423 Lorna Ln

    Year built
    1977
    Lot size
    1.08 lot acres
    Property size
    3,640 SF
    Zone code
    I1
    Property type
    Warehouses
    APN
    40-00-07-3-001-052.002
    APU
    4000073001052002

    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
    -86.794
    Latitude
    33.3939
    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
    $9,381
    $75,280
    $74,740
    $150,020
    -
    $376,400
    $373,700
    $750,100

    Comparable in this City

    • Value Estimation by Request
      60,370 SF

      3454 Lorna Rd

      WAREHOUSE, STORAGE • 60,370 SF
      3454 Lorna Rd, Hoover, AL 35216-5285
      View Details
    • Value Estimation
      $355,000
      4,000 SF

      3447 Lorna Ln

      WAREHOUSE, STORAGE • 4,000 SF
      3447 Lorna Ln, Hoover, AL 35216-5227
      View Details
    • Value Estimation
      $420,000
      11,180 SF

      3515 Lorna Rdg Dr

      WAREHOUSE, STORAGE • 11,180 SF
      3515 Lorna Rdg Dr, Hoover, AL 35216-5246
      View Details
    • Value Estimation by Request
      2,989 SF

      1420 Montgomery Hwy

      MINI-WAREHOUSE, STORAGE • 2,989 SF
      1420 Montgomery Hwy, Vestavia Hills, AL 35216-3607
      View Details
    • Value Estimation by Request
      5,450 SF

      3625 Lorna Rd

      WAREHOUSE, STORAGE • 5,450 SF
      3625 Lorna Rd, Hoover, AL 35216-5908
      View Details
    • Value Estimation
      $315,000
      7,071 SF

      3440 Lorna Ln

      WAREHOUSE, STORAGE • 7,071 SF
      3440 Lorna Ln, Hoover, AL 35216-5228
      View Details

    Similar Nearby for Sale

    • $1,199,000
      4,443 SF

      Hoover Flex-Office Building For Sale

      Freestanding flex-office building with warehouse space and developable land.
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      View Details
    • $1,300,000
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      Established Hoover Industrial Building

      Profitable Business & Real Estate
      3440 Lorna Ln, Hoover, AL 35216
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    • $650,000
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      Hoover Office Building For Sale

      Prime Hoover office property with high traffic count. Cash buyers.
      3041 Lorna Rd, Hoover, AL 35216
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    • $795,000
      4.60 Acres

      Vestavia Hills Land - 4.6 Acres

      Prime 4.6-acre build-ready lot.
      2221 Old Columbiana Rd, Birmingham, AL 35216
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    • $425,000
      2.10 Acres

      Residential Land in Homewood, AL

      2.1 acre lot in premier Homewood neighborhood with city view.
      1880 Lk Rdg Rd, Homewood, AL 35216
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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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    Similar Nearby for Lease

    • $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
    • 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
    • $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
    • $16 SF/Yr
      33,240 SF

      Hoover Office Suites - Available Now

      Class A Office Space, Birmingham, AL
      3100 Lorna Rd, Hoover, AL 35216
      View Details
    • Contact for pricing
      164,003 SF

      Riverchase Promenade Power Center

      High-traffic retail space available now.
      1705-1735 Us Hwy, Birmingham, AL 35216
      View Details
    • $18 SF/Yr
      12,848 SF

      Rocky Ridge Office Park Suites

      Vestavia Hills office space available.
      3284 Morgan Dr, Vestavia Hills, AL 35216
      View Details
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    3423 Lorna Ln
    Hoover, AL 35216-5227
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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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