Individually Owned Property summary
AI-generated overview
The property at 524 Mineral Trace is an industrial flex building configured for flexible use, with interior bays suitable for manufacturing and distribution and a dedicated office core for on-site administration. Building features include high ceilings, wide drive-in points, and reinforced flooring designed for high-capacity use and to reduce the need for tenant modifications. The site is enclosed by a secure perimeter and includes service yards intended for freight handling and staging. The location is within about a block of the Hoover Metropolitan Complex and the Finley Center, with access to Highway 150 and I-459 within minutes. Utilities are described as configured to support heavy power demand, and the building is referenced as capable of accommodating future expansion.
Property profile
Verified
Property type
Other office properties
Use group
OFFICE (GENERAL)
Year built
2000
Total area
7,260 SF
Lot
1 ac (43,560 SF)
Zoning code
PUD P1
APN
39-00-33-4-000-001.005
UPID
US03-0374475
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
HVAC Service General Contractor
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$768k
Blend (final)
Blend
$275k
Owner & transaction history
Zoning & alternative use
PUD P1 · Hoover, AL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 13 comparables with addresses
2 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$275k
Value range
$248k – $303k
±10% around blend
Estimated value / SF
$38 / SF
Confidence
High
13 county-verified comps
Property data
100
Market benchmarks
67
Comparable evidence
100
$248k
blend $275k
$303k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
7,260 SF
Lot area
1 ac
Year built
2000
Stories
1
APN
39-00-33-4-000-001.005
Zoning
PUD P1
Assessed value
$164,420
Annual tax
$10,378
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$758k
Weighted, 13 comps · high confidence
Evidence
13 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
3.2 mi away · 6,324 SF
3.9 mi away · 6,260 SF
5.3 mi away · 5,270 SF
11.1 mi away · 5,566 SF
11.4 mi away · 5,775 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$275k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 740 sales
$134
-72%
County 1088 sales
$116
-67%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $38/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 13 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$164k
Move the market yield to see immediate price impact.
Value / SF
$23
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$10k
$207k
$148k
$115k
$12k
$230k
$164k
$128k
$13k
$253k
$181k
$141k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
13 found
High confidence · county-verified
Closest comparable
$800k
3.0 mi · Mar 2026 · $89/SF
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$10,378
Tax year 2022
Assessed value
$164,420
Assessed 2023
Previous assessed
$142,940
+15.0% YoY
Effective rate
6.31%
On assessed value
Assessed land
$47,920
Assessed improvement
$116,500
Land market value
$239,600
Improvement market value
$582,500
Total market value
$822,100
Applied tax rate
66.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other office properties
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2000
Heating
SPACE
Stories
1
Rooms
1
Bathrooms
1
Total area
7,260 SF
Lot
1 ac (43,560 SF)
Zoning code
PUD P1
APN
39-00-33-4-000-001.005
UPID
US03-0374475
Jurisdiction
JEFFERSON
Zoning & alternative use
PUD P1 · Hoover, ALZoning PUD P1 · permitted uses
PUD P1 · Hoover, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2000
Heating
SPACE
Stories
1
Rooms
1
Bathrooms
1
Lot
1 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
PUD P1
Jurisdiction
Hoover, AL
Recorded code
PUD P1
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for PUD P1 in Hoover, AL.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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