Technical
Financial
Distress signals
Property profile

400 Emery Dr Hoover, AL 35244

OFF-MARKET
Office Spaces
Property ID
US03-0880273
10,858 SF 1 ac lot Built 2000
Individually Owned 26-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional Hoover, Alabama office building, located at 400 Emery Drive, offers a variety of flexible spaces ideal for businesses of all sizes. The Hoover Office Building boasts a total of 10,512 square feet, with a minimum divisible space of 525 square feet and a maximum contiguous space of 3,504 square feet currently available for lease. This presents a unique opportunity for businesses seeking immediate occupancy, as 3,504 square feet are currently vacant. The building is classified as both Traditional and Executive Office space, catering to diverse needs and preferences. Ample parking is provided with 48 spaces available for tenants and their clients. Situated in Jefferson County, Alabama, with a convenient zip code of 35244, this property offers easy access to major transportation routes and local amenities. The building's multiple tenancy structure ensures a vibrant and collaborative environment. This is a fantastic opportunity to establish or expand your business in a highly desirable location. Contact us today to schedule a viewing and explore the possibilities of making this prime office space your new home.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 2000
Total area 10,858 SF
Lot 1 ac (43,560 SF)
Zoning code PO
APN 39-00-27-3-000-007.008
UPID US03-0880273

Cap rate & NOI

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

Location

400 Emery Dr Hoover, AL 35244-4597
Hoover metro Census 14410 BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$620k
Comparable Approach Comparable
$912k
Blend (final) Blend
$405k

Owner & transaction history

since 1999
1 recorded transaction
1999
Price N/A

Zoning & alternative use

PO · Hoover, AL
Zoning description

s may be amended by the City of Hoover. D. Area and dimensional regulations: 1) Maximum density: Seven dwelling units per gross acre 2) Minimum livable floor area of dwelling unit: 1,000 sf §8.04.03 Planned office (PO) A…

General category RESIDENTIAL

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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