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    1945 Patton Chapel Rd Hoover, AL 35216

    Sponsored
    For Sale
    $1,275,000

    Class A Office, 4,443 SF, 1.5 Acres

    Property size:
    4,443 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A office building, located at 1945 Patton Chapel Road in Hoover, Alabama, presents a unique investment opportunity. The 4,443 square foot freestanding building sits on a generous 1.5-acre lot, offering ample space and potential for expansion. Currently 100% occupied, the property boasts a single tenancy under a NNN lease. Its versatile design suits various office uses, including creative, medical, and traditional office spaces. The building is strategically positioned near US Highway 31 and Interstate I-459, providing excellent access to major transportation routes and a wide array of commercial amenities, including hotels, restaurants, and medical facilities. The property's zoning (C-1) allows for flexibility. The substantial lot size includes approximately one acre of developable land, presenting an opportunity for future subdivision and development. The building features a large parking lot and laydown yard, along with interior warehouse storage space. The asking price is $1,275,000, representing a price per square foot of $286.97. This is a rare chance to acquire a high-quality, well-located commercial property in a thriving Hoover market. The property is a single-story building.

    Property Features for 1945 Patton Chapel Rd

    General Information

    Property type
    Medical offices
    Square Feet
    4,443 SF
    Class
    A
    Lot Size
    65,340 SF

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • Fantastic location in Hoover, Alabama.
    • 4,443 SF freestanding building.
    • 1.5‑acre lot, subdividable.
    • Ample parking and laydown yard.
    • Interior warehouse storage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Hoover
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.807671181245
    Latitude
    33.390893512736

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    FAQs

    What type of property is this?
    Medical office - Class A Office, 4,443 SF, 1.5 Acres
    Where is this medical office located?
    The property is located at 1945 Patton Chapel Rd Hoover, AL.
    What is the asking price?
    The asking price for this property is $1,275,000.
    What are key features of this property?
    This property features: Fantastic location in Hoover, Alabama.; 4,443 SF freestanding building.; 1.5-acre lot, subdividable.
    Request Owner's contact information
    1945 Patton Chapel Rd Hoover, AL 35216
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    Hoover, AL 35216
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    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
    1945 Patton Chapel Rd Hoover, AL 35216
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