Approved Multi-Family Development
For Sale
$1,500,000
107 INVERNESS CORNERS lot 0, Birmingham, AL 35242
LAND/LOTS, BIRMINGHAM, AL
Property SizeContact for details
Lot Size10.00 Acres
Days on Market177
Property Features for 107 INVERNESS CORNERS lot 0
General Information
Property type
Land
Property subtype
Other
Zoning
Mutli Family
Lot features
Entire Parcel Only
Elementary school
INVERNESS
Middle school
OAK MOUNTAIN
High school
OAK MOUNTAIN
Directions
Hwy 280 East to Valleydale, turn into Inverness Corners and property is behind Renasant Bank
Subdivision
N Shelby, Hoover
Standard status
Active
APN
02-7-36-0-001-027.000
Lot size
10.00 Acres
Taxes and HOA fees
Tax Description
BEG SE COR SEC36 W738.99 N237.48 NE349.8 NE281.03 NE182.1 N89.53 NE33.85 NW23.62 NE23.62 E152.8 S TO POB
Legal Description
BEG SE COR SEC36 W738.99 N237.48 NE349.8 NE281.03 NE182.1 N89.53 NE33.85 NW23.62 NE23.62 E152.8 S TO POB
Utilities
Utilities
Cable Available
Water source
Public
Listing Agency:
Keller Williams Realty Vestavia
(205) 397-6500
Listed By:
Kimbo Rutledge · License #56946
(205) 542-7371
Added: Mar 9
Changed: Aug 19
Last Checked: Sep 1 at 2:06PM
MLS# 21446049
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.
Investment Insights
Based on property information with market context.
This is a level land parcel positioned for multi-family condominium development. The property is approved for the development of 125 condominium units, and the seller provides a City of Hoover approval letter in the attachments.
The site is described as being conveniently located off Hwy 280 in the Inverness Corners area in Shelby County. The property’s grade supports a straightforward building site approach, and it is noted to offer views of the Hwy 280 corridor.
For developers, builders, and investors seeking an approved multi-family condominium project, this parcel offers an established development path tied to the documented 125-unit approval. The combination of a level build site and multi-family zoning can help streamline planning discussions, while the approval documentation can be reviewed directly in the provided materials.
The site is described as being conveniently located off Hwy 280 in the Inverness Corners area in Shelby County. The property’s grade supports a straightforward building site approach, and it is noted to offer views of the Hwy 280 corridor.
For developers, builders, and investors seeking an approved multi-family condominium project, this parcel offers an established development path tied to the documented 125-unit approval. The combination of a level build site and multi-family zoning can help streamline planning discussions, while the approval documentation can be reviewed directly in the provided materials.
Key Highlights
- Level building site with views of the Hwy 280 corridor in the Inverness Corners area off Hwy 280
- Approved for development of 125 condominium units (see City of Hoover approval letter in attachments)
- Public water available
Property Analytics
Property Profile
Current Use
Lease Details
125
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
842
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Level multi-family parcel approved for 125 condominium units with views of the Hwy 280 corridor.
Where is this residential land & home lot located?
The property is located at 107 INVERNESS CORNERS lot 0 Birmingham, AL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Level building site with views of the Hwy 280 corridor in the Inverness Corners area off Hwy 280; Approved for development of 125 condominium units (see City of Hoover approval letter in attachments); Public water available
