Technical
Financial
Distress signals
Property profile

3585 Lorna Rdg Dr Hoover, AL 35216

OFF-MARKET
Other office properties
Property ID
US03-0431776
5,032 SF 0.27 ac lot Built 1986
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

The property is an office building totaling 5,741 square feet in Hoover, Alabama, situated in a commercial district near the I-459/Hwy 31 (Hoover Galleria) exit and the I-65/I-459 interchange. The space is arranged with 10 private offices, 2 conference rooms, and a common area on each floor, and includes 4 restrooms. An updated HVAC system is installed, and a large unfinished attic area is present. The building is configured to support professional office use.

Property profile

Verified
Property type Other office properties
Use group OFFICE (GENERAL)
Year built 1986
Total area 5,032 SF
Lot 0.27 ac (11,780 SF)
Zoning code CP
APN 40-00-07-3-001-052.014
UPID US03-0431776

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3585 Lorna Rdg Dr Hoover, AL 35216-5246
Hoover metro Census 12908 BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2025
Last sale
$269,550
3 recorded transactions
2025
$570,000
2022
$269,550
2021
Price N/A

Zoning & alternative use

CP · Hoover, AL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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