Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3264 Green Valley Rd Vestavia Hills, AL 35243

    Sponsored
    Picture of Residential land & home lots at Green Valley Rd 3264, Vestavia Hills, AL
    For Sale
    $179,000

    Lots - VESTAVIA HILLS, AL

    Lot size:
    0.67 Acres
    Days on Market:
    3
    Last Refresh:
    Feb 12 at 8:06 pm

    Property Features for 3264 Green Valley Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.67 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Sandi Prater

    ARC Realty, LLC (205) 969-8910

    Listing agent Sandi Prater (205) 969-8910

    Listing date Feb 10, 2026

    MLS# 21443179 Listing URL

    Copyright © 2026 Greater Alabama MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Residential Lot in Cahaba Heights

    This residential lot, located in the heart of Cahaba Heights, offers a rare opportunity. The property is 0.67 acres and is zoned for residential use. Situated in Vestavia Hills, Alabama, the location provides access to a top-rated school system. The site is less than 15 minutes from downtown, the Hoover Galleria, and Grandview Hospital. Cahaba Heights offers a small-town feel within a large city.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Vestavia Hills
    County
    Shelby
    State
    Alabama
    Longitude
    -86.727628
    Latitude
    33.460348

    Nearby Similar for Sale

    • $775,000
      Pending

      Vestavia Hills Quadplex Investment

      Four-unit apartment building in Vestavia Hills, excellent investment opportunity.
      1834 Montclaire Ln, Vestavia Hills, AL 35216
      View Details
    • $276,000
      1,472 SF

      Montreat Condo with Private Entrance

      Updated 2-story condo with two master suites and basement storage.
      2006 Montreat Pkwy, Vestavia Hills, AL 35216
      View Details
    • $339,000
      1,974 SF

      Luxury Vestavia Corner Unit

      Two-bedroom condo with modern finishes, convenient location, and secure access.
      3038 Massey Rd, Vestavia Hills, AL 35216
      View Details
    • Contact for pricing
      1,027 SF

      Montreat Condo with Upgrades

      Updated 2-bed, 1-bath condo in Vestavia Hills.
      2139 Montreat Dr, Vestavia Hills, AL 35216
      View Details
    • Contact for pricing
      1,144 SF

      Ground-Level Condo in Vestavia Hills

      Two-bedroom, two-bath condo with community pool near Birmingham.
      2110 Montreat Ln, Vestavia Hills, AL 35216
      View Details
    • Contact for pricing
      1,510 SF

      Vestavia Hills Townhome, No HOA

      Three-bedroom, two-bathroom townhome in Vestavia Hills with no HOA fees.
      213 Woodbury Dr, Vestavia Hills, AL 35216
      View Details
    • $143,000
      715 SF

      Remodeled Home with New Appliances

      Remodeled home featuring new appliances, HVAC, and water heater.
      2054 Montreat Pkwy, Vestavia Hills, AL 35216
      View Details
    • $685,000
      5,052 SF

      Well-Built Hoover Office Building

      Two-story office building with 5,052 SF in Vestavia Hills.
      3585 Lorna Rdg Dr, Vestavia Hills, AL
      View Details
    • $2,540,000
      8,614 SF

      Vestavia Hills Medical Office Building

      8,614 SF Medical Office, 100% Occupied
      1680 Montgomery Hwy, Vestavia Hills, AL 35216
      View Details
    • $850,000
      2,476 SF

      Hollywood Imports Building - Vestavia Hills

      Prime Retail/Restaurant Space - Hwy 31
      1472 Montgomery Hwy, Vestavia Hills, AL 35216
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Residential lot in Vestavia Hills, close to amenities.
    Where is this residential land & home lot located?
    The property is located at 3264 Green Valley Rd Vestavia Hills, AL.
    What is the asking price?
    The asking price for this property is $179,000.
    What are key features of this property?
    This property features: - Large .67 acre residential lot in Cahaba Heights; - Top-rated school system; - Prime location: Less than 15 minutes to downtown, the Hoover Galleria, and Grandview Hospital
    (205) 969-8910
    Request Owner's contact information
    3264 Green Valley Rd Vestavia Hills, AL 35243
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3264 Green Valley Rd
    Vestavia Hills, AL 35243
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    3264 Green Valley Rd Vestavia Hills, AL 35243
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Sandi Prater
    (205) 969-8910
    Learn more
    Google sign-in failed. Please try again or use another login method.