6220 FarleyHoover, AL 35242

  • Hospitality properties
  • 61,114 SF
Off market
$25,477,790 Estimated

Property Details for 6220 Farley

Year built
2011
Lot size
2.54 AC
Property size (Sq ft)
61,114 SF
Property type
Hospitality properties
Property subtype
Hotels
APN
93050001043000
APU
93050001043000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $14,681,642
    6.5%
    $13,552,285
    7%
    $12,584,265
  • Comparable approach

    Method
    Valuation
    Relative Method
    $23,393,916
    Geo Method
    $28,014,108
  • Alternative Use

    Use
    Valuation
    Residential
    $14,795,158
    Hospitality
    $13,552,285
    Educational
    $11,275,342
    Medical
    $11,663,119
    Retail
    $17,539,422
6220 Farley, Hoover, Alabama

Location Insight

City
Hoover
County
Shelby
State
Alabama
Latitude
33.4044
Longitude
-86.6674
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
2023
$110,211
-
-
$1,648,940
-
$1,140,960
$7,103,670
$8,244,630

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