Managed Office
For Sale
Contact for pricing
10 Inverness Center Pkwy, Hoover, AL 35242
Professional office asset with on-site property management, offering hands-on oversight for tenants and owners.
Property Size136,921 SF
Days on Market140
Property Features for 10 Inverness Center Pkwy
General Information
Standard status
Active
Size
136,921 SF
Class
A
Property subtype
Office
Lease Term
Full Service
Building Details
Building Size
136,921 SF
Year Built
1981
Properties For Sale
at 10 Inverness Center Pkwy Contact us| Name | Size | Type | Rate | Availability | |
|---|---|---|---|---|---|
| Suite 110 | 4,956 SF | Office Building | — | — | Contact us |
| Suite 125 | 1,931 SF | Office Building | — | — | Contact us |
| Suite 225 | 7,547 SF | Office Building | — | — | Contact us |
| Suite 300 | 7,342 SF | Office Building | — | — | Contact us |
| Suite 325 | 8,722 SF | Office Building | — | — | Contact us |
| Suite 450 | 3,311 SF | Office Building | — | — | Contact us |
| Suite 500 | 11,076 SF | Office Building | — | — | Contact us |
| Suite 525 | 2,411 SF | Office Building | — | — | Contact us |
| Suite 610 | 6,681 SF | Office Building | — | — | Contact us |
| Suite 610A | 4,010 SF | Office Building | — | — | Contact us |
| Suite 625 | 3,372 SF | Office Building | — | — | Contact us |
Show all 11 spaces
Listed By:
Brad Jones, CCIM · License #AL 000079828-0
(205) 314-5520
Source:
Egsinc
Added: Jun 2
Changed: Oct 3
Last Checked: Oct 19 at 4:39AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Brad Jones, CCIM
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This for-sale office building is offered as a managed commercial asset, with on-site property management in place. The property is positioned to support day-to-day building needs and ongoing tenant service, which can be especially valuable for both owner-operators and investors who want attentive operational support.
The property is located at 10 Inverness Center Pkwy in Hoover, Alabama. While specific access details and surrounding tenants are not provided, the Inverness Center Parkway address places the building within an established commercial corridor setting.
For prospective buyers, this offering fits best for those seeking a straightforward office investment with active management support. Tenants evaluating space may also appreciate the added layer of responsiveness that typically comes with on-site oversight. If you’re an investor looking to manage risk and maintain continuity through dedicated property management, or a business seeking an office environment with service on-site, this property is worth reviewing further.
The property is located at 10 Inverness Center Pkwy in Hoover, Alabama. While specific access details and surrounding tenants are not provided, the Inverness Center Parkway address places the building within an established commercial corridor setting.
For prospective buyers, this offering fits best for those seeking a straightforward office investment with active management support. Tenants evaluating space may also appreciate the added layer of responsiveness that typically comes with on-site oversight. If you’re an investor looking to manage risk and maintain continuity through dedicated property management, or a business seeking an office environment with service on-site, this property is worth reviewing further.
Key Highlights
- Professional office asset built in 1981
- On‑site property management for hands‑on oversight for tenants and owners
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$2,412,896
Suggested Prices Based on Cap Rates
Cap Rate 5%
$48,257,920
$48.3M
Cap Rate 7%
$34,469,943
$34.5M
Cap Rate 9%
$26,809,956
$26.8M
Market Conditions
NOI Build-Up for 136,921 SF
Gross rent
$3.63M $26.52/SF
− Vacancy
−$414.0K −$3.02/SF
EGI
$3.22M $23.50/SF
− OpEx
−$804.3K −$5.87/SF
NOI
$2.41M $17.62/SF
Area
Jefferson County, AL
Vacancy
11.40%
Lease Rate
$26.52 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$48,257,920
Cap Rate 7%
$34,469,943
Cap Rate 9%
$26,809,956
Alternative Uses
Best Use
Office B
$34.47M
$30.16M – $40.21M
NOI $2,412,896 @ 7.0% cap · market cap 11,222,772.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$47.10M
$41.22M – $54.95M
NOI $3,297,250 @ 7.0% cap · market cap 15,336,046.51%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
909
Businesses Nearby
Explore this area
Business Placement
Demographics for 35242, AL
57,008
Population
25,247
Households
2.3
Avg Household Size
42
Median Age
65%
College-Educated
97%
High-School Grad
52.4 sq mi
ZIP Area
1,088
Density / Sq Mi
$116,053
Median Household Income
$59,731
Median Earnings
$1,430
Median Rent
$452,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Professional office asset with on-site property management, offering hands-on oversight for tenants and owners.
Where is this office building located?
The property is located at 10 Inverness Center Pkwy Hoover, AL.
What are key features of this property?
This property features: Professional office asset built in 1981; On‑site property management for hands‑on oversight for tenants and owners
