Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Residential Lot in Pinson, AL Title is generated by Realmo AI

    5723 HANOVER DRIVE lot 91, Pinson, AL 35216

    View on Map
    Claim this Listing
    Picture of Land at 5723 HANOVER DRIVE lot 91, Pinson, AL
    For Sale
    Contact for pricing

    LAND - PINSON, AL

    Lot size:
    0.95 Acres
    Added:
    Feb 23, 2026
    Days on Market:
    101
    Last Refresh:
    Jun 4 at 10:06 am

    Property Features for 5723 HANOVER DRIVE lot 91

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    RESIDENTIAL
    Standard status
    Active
    APN
    12-00-04-1-000-120.000
    Lot size
    0.95 Acres

    Taxes and HOA fees

    Tax Description
    LOT 91 STONES RIVER SOMERSBY SECTOR 3

    Utilities

    Utilities
    Cable Available
    Water source
    Public

    We can help!

    Listing Contact
    Brad Clement

    Listing agent Brad Clement License #80566

    Listing office ARC Realty Vestavia-Liberty Pk 3215 Endeavor Lane Suite 113, Birmingham, AL

    Listing date Feb 23, 2026

    MLS# 21444434 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.

    HighLights

    • Almost one acre lot
    • Lot available for building
    • Established subdivision
    • Location coordinates provided

    Overview

    A 0.95-acre lot is available for building in an established subdivision in Pinson, Alabama. The property is located in Jefferson County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Auto Repair Shop Big Box & Wholesale Store Accounting Firm Kitchen & Bath Showroom

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

    Location Insight

    • Map
    • Local Demand
    City
    Pinson
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.645556
    Latitude
    33.670593

    Nearby Similar for Sale

    • $325,000

      Updated Office Building on Main

      Commercially zoned property suitable for retail, medical, or office use.
      4350 MAIN STREET, PINSON, AL 35126
      View Details
    • $398,000

      96 Acres Vacant Land Ready

      96 acre tract near Birmingham with utilities and natural features.
      0 Miles Springs Road, Pinson, AL 35126
      View Details
    • $195,000

      Road-Fronted Commercial Land

      Over 16 acres zoned A1 in Pinson with strong road access for commercial or residential development planning.
      6276 SUNRISE DRIVE lot: 1, PINSON, AL 35126
      View Details
    • $200,000

      Pinson Land with Development Potential

      16-acre tract suitable for residential or commercial development.
      7867 Hwy 79, Pinson, AL 35126
      View Details
    • $475,000
      4,371 SF

      Pinson Commercial Property on Highway

      4,300+ sq ft commercial property on main highway in Pinson.
      4435-4439 Center Point Road, PINSON, AL 35126
      View Details
    • $20,000

      Pinson, AL Vacant Corner Lot

      0.42 acre corner lot in a growing Pinson area.
      7730 Highway 75, Pinson, AL 35126
      View Details
    • $950,000

      Church and Buildings in Pinson

      Church property with multiple buildings and vacant lot for sale.
      4444 SHARON CHURCH ROAD, PINSON, AL 35126
      View Details
    • $215,000

      Commercial Land Parcel with Road Frontage

      4.21-acre parcel at a major highway intersection with about 1,000 feet of beltline frontage in Pinson, AL.
      7989 HIGHWAY 75 lot: 7989, PINSON, AL 35126
      View Details
    • $347,000

      Pinson Church on 5.8 Acres

      5,018 sq ft church with finished basement on 5.8 acres.
      5331 DEWEY HEIGHTS ROAD, PINSON, AL 35126
      View Details
    • $225,000

      Secluded Residential Home Site Land

      A 16-acre parcel in Pinson offers multiple home sites, with glimpses of Emerald Lake and abundant wildlife.
      8924 PINE MOUNTAIN ROAD, PINSON, AL 35126
      View Details
    • $649,000
      13,500 SF

      Versatile Commercial Property For Sale

      Commercial property suited for businesses seeking flexibility and modern amenities.
      4099 Spring Street, PINSON, AL 35126
      View Details
    • $249,000

      Wooded Waterfront Land with Creek

      31+ acre wooded tract in Pinson with a creek, elevated views, and potential homesites for a private estate setting.
      8810 PINE MOUNTAIN ROAD lot: 0, PINSON, AL 35126
      View Details

    FAQs

    What type of property is this?
    Land - Almost one acre lot available for building in established subdivision.
    Where is this land located?
    The property is located at 5723 HANOVER DRIVE lot 91 Pinson, AL.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Almost one acre lot; Lot available for building; Established subdivision
    (205) 410-3735
    We can help!
    Listing Contact
    Brad Clement
    Real Estate License ID: 80566
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    5723 HANOVER DRIVE lot: 91, PINSON, AL 35216
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!