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    Property profile & analytics

    720 Olde Towne Rd Vestavia Hills, AL 35216-3759

    • Medical offices
    • 3,582 SF
    • 0.73 lot acres
    OFF-MARKET
    Value Estimation
    $375,000
    Location Intelligence
    Property ID
    US03-1030460
    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

    • Medical offices

    Property Details for 720 Olde Towne Rd

    Year built
    1983
    Lot size
    0.73 lot acres
    Property size
    3,582 SF
    Zone code
    B2
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    29-00-36-4-007-005.007
    APU
    2900364007005007

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Vestavia Hills
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.799
    Latitude
    33.4189
    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
    $9,201
    $47,140
    $89,320
    $136,460
    -
    $235,700
    $446,600
    $682,300

    Comparable in this City

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    • Value Estimation
      $300,000
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      2021 Shady Crst Dr

      MEDICAL BUILDING • 2,717 SF
      2021 Shady Crst Dr, Hoover, AL 35216-5529
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    • Value Estimation
      $425,000
      12,420 SF

      2198 Columbiana Rd

      MEDICAL BUILDING • 12,420 SF
      2198 Columbiana Rd, Vestavia Hills, AL 35216-2500
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    • Value Estimation
      $505,000
      14,454 SF

      1932 Laurel Rd

      MEDICAL BUILDING • 14,454 SF
      1932 Laurel Rd, Vestavia Hills, AL 35216-1859
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    • Value Estimation
      $330,000
      3,590 SF

      2116 Rocky Rdg Rd

      MEDICAL BUILDING • 3,590 SF
      2116 Rocky Rdg Rd, Hoover, AL 35216-5298
      View Details
    • Value Estimation
      $280,000
      4,017 SF

      2116 Chapel Hl Rd

      MEDICAL BUILDING • 4,017 SF
      2116 Chapel Hl Rd, Hoover, AL 35216-5106
      View Details

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      Hoover Office Building For Sale

      Prime Hoover office property with high traffic count. Cash buyers.
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    • Contact for pricing
      1.26 Acres

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    Similar Nearby for Lease

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      Highpoint Office Center: Prime Space Available

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      Hoover Office Space Available

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      View Details
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    720 Olde Towne Rd
    Vestavia Hills, AL 35216-3759
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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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