3141 Lorna RdBirmingham, AL 35216

Property Details for 3141 Lorna Rd

Year built

1996

Lot size

0.99 AC

Property size (Sq ft)

14,124 SF

Zone code

CP

Property type

Office properties

APN

39-00-12-1-004-011.000

APU

3900121004011000

Description

This exceptional commercial property in Birmingham, Alabama, offers 4,500 square feet of versatile office space, divisible to a minimum of 3,300 square feet. Located at 3141 Lorna Rd, 35216, in Jefferson County, this two-story building provides a range of options suitable for traditional office, executive office, coworking, medical office, or creative office uses. The space includes a showroom, reception area, kitchenette, storage room, three private offices, two bathrooms, a conference room, and an open bullpen area. The property boasts elevator access and up to ten designated parking spaces. Enhance your business visibility with available pylon signage. Benefit from a high-traffic location, with Lorna Road seeing 15,000 vehicles per day, and convenient access to major roadways including I-65, I-459, and Highway 31. This is a single-building property with multiple tenancy options. Inquire today to learn more about this outstanding opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $2,987,288

  6.5%

  $2,757,496

  7%

  $2,560,532

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,300,658

  Geo Method

  $2,755,028

• Alternative Use

  Use

  Valuation

  Residential

  $3,419,295

  Hospitality

  $3,132,056

  Educational

  $2,605,834

  Medical

  $2,695,452

  Retail

  $4,053,520

Location Insight

City

Hoover

County

Jefferson

State

Alabama

Latitude

33.3991

Longitude

-86.8026

CBSA code

13820

CBSA name

BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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