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Property profile & analytics
OFF-MARKET Estimated value $1,005,000
Warehouses

509 Mineral Trce Hoover, AL 35244-4507

16,296 SF 2 ac lot Built 1989
Entity Owned 9-yr Hold Free & Clear
Property ID
US03-0414474
Property summary
AI-generated overview

This exceptional opportunity presents itself in the form of fully equipped office suites ideally situated in Hoover, Alabama, just off Stadium Trace Parkway. The property boasts a convenient two-acre lot, offering ample parking and easy access for clients and employees. Currently available are several professional office suites, perfect for a variety of businesses. Pricing is competitive, starting at $800 per month and ranging up to $1000, depending on the size and specific features of the chosen suite. Each suite is designed for maximum productivity and includes a comprehensive array of amenities. High-speed WiFi is standard, ensuring seamless connectivity. A shared conference room provides a professional setting for meetings and presentations. All utilities are included in the monthly rental rate, eliminating unexpected expenses. A welcoming reception area creates a positive first impression for visitors, while a dedicated break area offers a comfortable space for employees to relax. Furthermore, a convenient copy/scan/fax center is available for all tenants' use. The property is strictly for professional office use

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1989
Total area 16,296 SF
Lot 2 ac (87,120 SF)
Zoning code PUDPI
APN 39-00-33-4-000-010.000
UPID US03-0414474
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
by Request
CAP Approach CAP
$1.40M
Comparable Approach Comparable
$806k
Blend (final) Blend
$1.01M
Owner & transaction history
Jb Real Estate Holdings LLC · 9 yrs held
Jb Real Estate Holdings LLC
since 2017
1 recorded transaction
2017
Price N/A
Zoning & alternative use
PUDPI · Hoover, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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