Technical
Financial
Distress signals
Property profile

520 Mineral Trce Hoover, AL 35244

OFF-MARKET
Office Spaces
Property ID
US03-0420599
9,790 SF 1.23 ac lot Built 2000
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Class A office building, totaling 9,250 square feet, offers a diverse range of workspace solutions. Built in 2000 and extensively renovated in 2023, the single-story building provides a contemporary and efficient work environment. The property features both coworking spaces and traditional private offices, with executive suites also available. Units are available from a minimum of 200 square feet, with 600 square feet currently vacant. The building boasts ample parking with 50 spaces available for tenants. Its strategic location in the heart of Stadium Trace, adjacent to the Hoover Met and Finley Center, offers unparalleled convenience and accessibility. Minutes from I-459, the property benefits from its proximity to thriving residential and retail areas. Shared amenities include a fully equipped kitchen with a coffee bar, a convenient copier/printer/scanner area, a dedicated conference room, and an inviting outdoor patio. Leases for private offices include essential furniture (chair/desk), high-speed WiFi, all utilities, janitorial services, and full access to all shared amenities. This is an ideal location for businesses seeking a modern, well-maintained, and conveniently located office space in a vibrant area. Multiple tenancy options are available to accommodate various business needs and sizes.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 2000
Total area 9,790 SF
Lot 1.23 ac (53,579 SF)
Zoning code PUD/PI
APN 39-00-33-4-000-001.007
UPID US03-0420599

Cap rate & NOI

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

Location

520 Mineral Trce Hoover, AL 35244-4555
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
$560k
Comparable Approach Comparable
$516k
Blend (final) Blend
$300k

Owner & transaction history

since 2024
2 recorded transactions
2024
Price N/A
1969
Price N/A

Zoning & alternative use

PUD/PI · Hoover, AL

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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