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Property profile & analytics
FOR SALE
Commercial land
501 Mineral Trce 1 Hoover, AL 35244
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US03-0455112
For Sale
1 / 8
$2,000,000
501 Mineral Trce,Unit 1, Hoover, AL 35244
View Listing →
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
2.4 ac (104,544 SF)
Zoning code
PUDPI
APN
39-00-33-4-000-002.000
UPID
US03-0455112
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$575k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$575k
Owner & transaction history
Boutique Bnbs LLC · 2 yrs held
Boutique Bnbs LLC
since 2024
Last sale
$575,000
6 recorded transactions
Zoning & alternative use
PUDPI · Hoover, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Hoover submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hoover submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$575,000
ML approach
$575,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$575k
Range $518k – $633k · ±10% · vs last sale $575k (May 1 2024)
Last sale anchor
$575k
May 1 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$8,349
Tax year 2022
Assessed value
$115,000
Assessed 2023
Previous assessed
$115,000
+0.0% YoY
Effective rate
7.26%
On assessed value
Assessed land
$115,000
Land market value
$575,000
Total market value
$575,000
Applied tax rate
66.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
For Sale
Heating
NONE
Lot
2.4 ac (104,544 SF)
Zoning code
PUDPI
APN
39-00-33-4-000-002.000
UPID
US03-0455112
Jurisdiction
JEFFERSON
Zoning & alternative use
PUDPI · Hoover, AL
Zoning PUDPI · permitted uses
PUDPI · Hoover, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hoover. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
2.4 ac
Current owner
From public records · entity-resolved
Boutique Bnbs LLC
Entity
Mailing address
501 MINERAL TRCE, HOOVER, AL 35244-4507
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 9, 2025
—
Boutique Bnbs LLC
—
Deed
related
$400,000 · First Bank Of Alabama
Mar 5, 2025
—
Boutique Bnbs LLC
—
Deed
related
$900,000 · First Bank Of Alabama
Dec 6, 2024
—
Boutique Bnbs LLC
—
Deed
related
$840,000 · Dinero Financial
May 1, 2024
$575,000
Boutique Bnbs LLC
Hbh Holding LLC
Warranty Deed
$500,000 · Benjamin B Goldman
Aug 2, 2023
$500,000
Hbh Holding LLC
Sharon A Suc Rey
Warranty Deed
$500,000 · Yellowhammer Wealth Management
Aug 1, 1988
$156,813
George P Alexander
—
Deed Of Trust
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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