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    Concourse Pkwy Birmingham, AL 35244

    Sponsored
    For Sale
    Contact for pricing

    Prime Hoover location, ample parking, I-65 access.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 7.5-acre commercial and industrial land parcel presents a remarkable investment opportunity in the thriving Riverchase area of Hoover, Alabama. Situated on Concourse Parkway in Jefferson County, this property boasts a highly desirable location with convenient access to Interstate 65 and Highway 31, ensuring excellent visibility and accessibility for businesses. The site offers ample parking with 418 spaces, accommodating a substantial workforce and clientele. The property's zoning and location are ideal for a variety of commercial and industrial uses. Preliminary plans envision the development of two 36,000 square foot medical office buildings, reflecting the area's growing demand for healthcare services. This strategic location within the rapidly developing North Shelby County area places the property within close proximity to established communities and high-traffic corridors, promising strong potential for future growth and return on investment. The 35244 zip code further underscores the property's position within a vibrant and expanding market. This is a rare opportunity to acquire a significant land parcel in a prime location with exceptional infrastructure and growth potential. The existing infrastructure and strategic location make this a compelling opportunity for developers and investors seeking a high-impact project in a thriving Alabama market.

    Property Features for 0 Concourse Pkwy

    General Information

    Property type
    Land
    Lot Size
    326,700 SF

    HighLights

    • Riverchase location in North Shelby County.
    • Excellent I‑65 and Highway 31 accessibility.
    • High‑traffic, rapidly developing area.
    • Proposed development: Two 36,000 SF medical office buildings.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Birmingham
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.7866379
    Latitude
    33.3527804

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    FAQs

    What type of property is this?
    Land - Prime Hoover location, ample parking, I-65 access.
    Where is this land located?
    The property is located at Concourse Pkwy Birmingham, AL.
    What are key features of this property?
    This property features: Riverchase location in North Shelby County.; Excellent I-65 and Highway 31 accessibility.; High-traffic, rapidly developing area.
    Request Owner's contact information
    Concourse Pkwy Birmingham, AL 35244
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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
    Concourse Pkwy Birmingham, AL 35244
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