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    Property profile & analytics

    4400 Colonnade Pkwy Birmingham, AL 35243-3365

    • Motels
    • 34,972 SF
    • 2.95 lot acres
    OFF-MARKET
    Value Estimation
    $3,215,000
    Last Sale
    Jun 04, 2025
    $4,650,000
    Location Intelligence
    Property ID
    US03-0726974
    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

    • Sleep Inn & Suites Birmingham - Hoover / Hotel
    • Sleep Inn & Suites / Hotel

    Property Details for 4400 Colonnade Pkwy

    Year built
    1997
    Lot size
    2.95 lot acres
    Property size
    34,972 SF
    Zone code
    B2
    Property type
    Motels
    APN
    28-00-27-3-000-009.003
    APU
    2800273000009003

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,030,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,490,000
      6.5%
      $4,120,000
      7%
      $4,015,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,610,000
      Geo Method
      $3,630,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,965,000
      Retail
      $3,200,000
      Mixed-Use
      $4,310,000
      Hospitality
      $3,335,000
      Educational
      $3,120,000
      Residential Income
      $3,115,000
      Energy
      $3,850,000
      Income-Based Land
      $3,125,000
      Food Service
      $4,245,000

    Location Insight

    • Map
    • Local Demand
    City
    Birmingham
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.7367
    Latitude
    33.4351
    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
    $40,633
    $257,180
    $509,920
    $767,100
    -
    $1,285,900
    $2,549,600
    $3,835,500

    Comparable in this City

    • Value Estimation
      $14,540,000
      20,307 SF

      12 Perimeter S Park

      MOTEL • 20,307 SF
      12 Perimeter S Park, Birmingham, AL 35243-2326
      View Details
    • Value Estimation by Request
      30,040 SF

      3400 Colonnade Pkwy

      MOTEL • 30,040 SF
      3400 Colonnade Pkwy, Birmingham, AL 35243-2355
      View Details
    • Value Estimation
      $8,800,000
      38,352 SF

      3950 Colonnade Pkwy

      MOTEL • 38,352 SF
      3950 Colonnade Pkwy, Birmingham, AL 35243-2382
      View Details
    • Value Estimation by Request
      43,268 SF

      3930 Colonnade Pkwy

      HOTEL • 43,268 SF
      3930 Colonnade Pkwy, Birmingham, AL 35243-2382
      View Details
    • Value Estimation by Request
      55,081 SF

      8 Perimeter S Park

      HOTEL • 55,081 SF
      8 Perimeter S Park, Birmingham, AL 35243-2326
      View Details
    • Value Estimation by Request
      31,950 SF

      3510 Grandview Pkwy

      HOTEL • 31,950 SF
      3510 Grandview Pkwy, Birmingham, AL 35243-1929
      View Details

    Similar Nearby for Sale

    • Contact for pricing

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    Similar Nearby for Lease

    • $24 SF/Yr
      145,715 SF

      Executive Office Suites, Hoover

      Class A Office Space, Flexible Sizes
      1800 International Park Dr, Birmingham, AL 35243
      View Details
    • $23 SF/Yr
      148,964 SF

      Prime Birmingham Office Space

      Class A Office Suites, 913-19,607 SF
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    • $21 SF/Yr

      Retail/Office Space Near Vestavia

      Retail or office space available near Vestavia Hills High School.
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    • Contact for pricing

      Vestavia Commercial Land For Lease

      Prime 0.36-acre lot, ideal medical use.
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    • $25 SF/Yr
      6,351 SF

      Vestavia Hills Office Space For Lease

      Class A Office, 764-6351 sq ft available
      3121 Blue Lk Dr, Vestavia Hills, AL 35243
      View Details
    • $25 SF/Yr

      Class A Suburban Office Building

      Class A office building with prominent signage and fitness room.
      3595 Grandview Pkwy, Birmingham, AL 35243
      View Details
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    Birmingham, AL 35243-3365
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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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