3664 Galleria Cir Hoover, AL 35244-2346
Property Lookup
Property profile & analytics
3664 Galleria Cir Hoover, AL 35244-2346
- Retail space
- 4,941 SF
- 0.64 lot acres
Property ID
US03-0966751
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.
Location Intelligence
Current Use by Public Records
- Retail space
Property Details for 3664 Galleria Cir
- Year built
- 2017
- Lot size
- 0.64 lot acres
- Property size
- 4,941 SF
- Zone code
- PC
- Property type
- Retail space
- APN
- 39-00-13-3-000-005.026
- APU
- 3900133000005026
Description
This exceptional investment opportunity presents a 5,000 square foot Men's Wearhouse storefront in Hoover, Alabama's affluent Riverchase Galleria. Located at 3664 Galleria Cir, 35244, this single-tenant, net-lease property boasts a 6% cap rate and a strong NOI of $165,000. The lease, with a credit-rated tenant, has over 3.2 years remaining, extending to January 31, 2028, and includes four, 5-year options with a 10% rent increase every five years. Built in 2016 on a 0.35-acre lot, this property benefits from its prime location within a high-traffic retail center, near major roadways (I-459 and Montgomery Highway, combined 170,250 vehicles per day), and surrounded by other national retailers such as Sam's Club, Costco, and more. The property is situated in a high-income area, with average household incomes exceeding $119,000 within a 5-mile radius. This Men's Wearhouse location is ranked in the top 7% nationwide, demonstrating its exceptional performance and strong residual value. The property offers a compelling combination of a secure, long-term lease, significant rental growth potential, and a prime location within a thriving retail environment. This is a rare opportunity to acquire a top-performing retail asset with significant upside potential.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $819,000
- AI Estimate
- $480,000
Market price range: $144k - $820kMarket price range: $80.6k - $480k -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $475,000 Current use
- OFFICE BUILDING
- $825,000 Change: +74% Conversion: Easy
- MEDICAL BUILDING
- $785,000 Change: +66% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $700,000 Change: +47% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $695,000 Change: +47% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $575,000 Change: +21% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Hoover
- County
- Jefferson
- State
- Alabama
- Longitude
- -86.8112
- Latitude
- 33.3774
- 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
$17,327
$128,720
$147,640
$276,360
-
$643,600
$738,200
$1,381,800
