Your AI Navigator in Commercial Real Estate
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

    300 Riverchase Pkwy Hoover, AL 35244

    Sponsored
    For Sale
    $4,500,000

    Class A Office, 25,600 SF, 7.20% Cap Rate

    Property size:
    25,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A executive office building, located at 300 Riverchase Parkway East in Hoover, Alabama (a Birmingham suburb), presents a compelling investment opportunity. Situated on approximately 3.9 acres within the Riverchase Business Park, this property boasts 25,600 square feet of well-maintained office space. Built in 1988 and extensively renovated in 2005, the building offers a modern and efficient layout. The property benefits from a highly desirable location, easily accessible from Highway 31 and I-65, providing convenient access for employees and clients. Ample parking is available with 165 spaces. Currently occupied by a publicly traded company with a strong credit rating, this investment offers a stable and predictable income stream. The building's strong financial performance is reflected in its impressive Net Operating Income (NOI) of $323,820 and a 7.20% capitalization rate. The asking price for this prime commercial real estate asset is $4,500,000. This presents a rare opportunity to acquire a high-quality, income-producing property in a thriving business park. The property is located in Shelby County, Alabama, with a zip code of 35244.

    Property Features for 300 Riverchase Pkwy

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    25,600 SF
    Class
    A
    Lot Size
    169,884 SF

    Building Details

    Year Built/Renovated
    1988/2005
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Wholesale Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Hoover
    County
    Shelby
    State
    Alabama
    Longitude
    -86.7852267
    Latitude
    33.3622533

    Nearby Similar for Sale

    • $1,100,000
      10,176 SF

      Hoover Multifamily Investment Opportunity

      Well-maintained, renovated 8-unit multifamily property in desirable Hoover, AL.
      3252 Warringwood Dr, Hoover, AL 35216
      View Details
    • $455,000

      European-Inspired Townhome in Gated Community

      Three-story townhome with finished basement, modern kitchen, and recent updates.
      373 Heritage Dr, Hoover, AL 35216
      View Details
    • $240,000
      1,704 SF

      Updated Townhome with Community Amenities

      Updated townhome featuring community amenities, custom kitchen, and spacious master.
      3655 Haven View Cir, Hoover, AL 35216
      View Details
    • $445,527
      1,837 SF

      New Townhome Near Moss Rock

      Three-bedroom townhome in walkable community near Moss Rock Preserve.
      464 Preserve Pkwy, Hoover, AL 35226
      View Details
    • $299,900
      1,734 SF

      Updated Home in Riverchase/Hoover

      Spacious, updated 3-bed, 2.5-bath home in a prime location.
      20 Chase Plantation Pkwy, Hoover, AL 35244
      View Details
    • $447,875
      1,837 SF

      Spacious Townhome Near Moss Rock

      Three-bedroom townhome with open layout, close to amenities and parks.
      474 Preserve Pkwy, Hoover, AL 35226
      View Details
    • $159,900
      1,512 SF

      Charming Home in Hoover

      Well-maintained 2-bedroom home with community amenities and convenient location.
      1665 Patton Chapel Rd, Hoover, AL 35226
      View Details
    • $399,900
      1,863 SF

      Ross Bridge Townhome

      Stylish 3-bedroom townhome with community amenities in Ross Bridge.
      2389 Village Center St, Hoover, AL 35226
      View Details
    • $370,000

      Updated Townhome with Golf Views

      End-unit townhome with golf course views and unfinished basement.
      3111 Chestnut Oaks Dr, Hoover, AL 35244
      View Details
    • $265,900
      1,914 SF

      Charming Townhome in Riverchase

      2-bedroom, 2.5-bath townhome in the Riverchase neighborhood.
      608 Mountain Laurel Ct, Hoover, AL 35244
      View Details
    • $249,900

      Riverhaven Condo with Community Amenities

      Three-bedroom condo in gated community with pool and fitness center.
      1322 Riverhaven Pl, Hoover, AL 35244
      View Details
    • $210,000
      1,344 SF

      Hoover Condo with Community Pool

      Charming 2BR/2.5BA condo in Waterford, close to amenities.
      1935 Waterford Pl, Hoover, AL 35244
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - Class A Office, 25,600 SF, 7.20% Cap Rate
    Where is this office property / space located?
    The property is located at 300 Riverchase Pkwy Hoover, AL.
    What is the asking price?
    The asking price for this property is $4,500,000.
    Request Owner's contact information
    300 Riverchase Pkwy Hoover, AL 35244
    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.
    300 Riverchase Pkwy
    Hoover, AL 35244
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    300 Riverchase Pkwy Hoover, AL 35244
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.