1800 RiverchaseHoover, AL 35244

  • Hospitality properties
  • 32,735 SF
Off market
$20,037,600 Estimated

Property Details for 1800 Riverchase

Year built
1987
Lot size
2.00 AC
Property size (Sq ft)
32,735 SF
Zone code
FC/Y
Property type
Hospitality properties
Property subtype
Motels
APN
39-00-24-2-000-001.021
APU
3900242000001021

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,864,050
    6.5%
    $7,259,124
    7%
    $6,740,614
  • Comparable approach

    Method
    Valuation
    Relative Method
    $12,530,678
    Geo Method
    $15,005,429
  • Alternative Use

    Use
    Valuation
    Residential
    $7,924,854
    Hospitality
    $7,259,124
    Educational
    $6,039,506
    Medical
    $6,247,213
    Retail
    $9,394,786
1800 Riverchase, Hoover, Alabama

Location Insight

City
Hoover
County
Jefferson
State
Alabama
Latitude
33.3726
Longitude
-86.8091
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
$29,731
$191,660
$316,560
$508,220
-
$958,300
$1,582,800
$2,541,100

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