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    4 Riverchase Ridge, Hoover, AL 35244

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    9,962 SF office building on 1.07 acres in Hoover.

    Type:Office
    Property size:
    9,962 SF
    Lot size:
    1.07 Acres
    Price / SF:
    $195/SF
    Added:
    Mar 10, 2026
    Days on Market:
    117
    Last Refresh:
    Mar 19 at 10:22 pm

    Property Features for 4 Riverchase Ridge

    General Information

    Standard status
    Active
    Size
    9,962 SF
    Lot size
    1.07 Acres
    Property subtype
    Office

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    Sam Carroll
    Sam Carroll

    Listing office Graham & Company Birmingham

    Listing date Mar 10, 2026

    Source Crexi

    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 Graham & Company Birmingham

    HighLights

    • Existing tenant in place through July 2029 with a current NOI of $152,609
    • 9,962 SF professional office building on 1.07 acres
    • Located off Riverchase Parkway East with excellent access to US Hwy. 31 & I‑65
    • Premium finishes throughout the building
    • Large private offices, board room, break room, open work areas, and fitness room
    • 28 parking spaces

    Overview

    This 9,962 square foot professional office building is situated on a 1.07-acre lot and includes 28 parking spaces. The building features large private offices, a board room, a break room, open work areas, and a fitness room. Premium finishes are present throughout the building. Located off Riverchase Parkway East, the property offers excellent access to US Hwy. 31 and I-65, as well as proximity to Blue Cross/Blue Shield of AL and the City of Hoover's Riverwalk Village Health & Wellness Center. The property is located in the City of Hoover, Shelby County, which has no occupational tax. An existing tenant can remain in place through July 2029, generating a current net operating income of $152,609.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $264.2k $26.52
    − Vacancy −$30.1k −$3.02
    EGI $234.1k $23.50
    − OpEx −$58.5k −$5.87
    NOI $175.6k $17.62
    9,962 SF · lease $26.52/SF/yr · vacancy 11.40% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $2.51M
    $2.19M – $2.93M (±1% cap)
    NOI $175,556 @ 7.0% cap · market cap 9.00%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $3.43M
    $3.00M – $4.00M (±1% cap)
    NOI $239,899 @ 7.0% cap · market cap 12.30%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Clothing & Fashion Store (Bike/Boat/Book/etc) Store Cosmetic Store (Bike/Boat/Book/etc) Store Bed & Breakfast Restaurant Arcade & Gaming Center (Bike/Boat/Book/etc) Store Florist (Bike/Boat/Book/etc) Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Hoover
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.787367
    Latitude
    33.354234

    FAQs

    What type of property is this?
    Office building - 9,962 SF office building on 1.07 acres in Hoover.
    Where is this office building located?
    The property is located at 4 Riverchase Ridge Hoover, AL.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: Existing tenant in place through July 2029 with a current NOI of $152,609; 9,962 SF professional office building on 1.07 acres; Located off Riverchase Parkway East with excellent access to US Hwy. 31 & I‑65
    (205) 871-7100 Call to check price and availability
    More about this property
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