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    1925 Patton Chapel Rd Hoover, AL 35226

    For Sale
    $549,000

    .92-acre commercial lot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional .92-acre commercial land parcel presents a unique investment opportunity in Hoover, Alabama. Located at 1925 Patton Chapel Rd, 35226, this property boasts a strategic position just off the intersection of Patton Chapel Road and Highway 31 (Montgomery Highway), a bustling retail corridor in Hoover. The site has been newly created following a five-lane widening of Patton Chapel Road, enhancing its visibility and accessibility. Currently zoned A-1, the land is ideally suited for the development of a medical office building (MOB) or professional office building (POB). Its proximity to desirable neighborhoods such as those along Patton Chapel, Chapel Lane, and Preserve Parkway ensures high potential for tenant occupancy. The lot encompasses 39,872 square feet and is already rough-graded, with utilities readily available at or near the site. Preliminary site schematics indicate the potential to construct a 5,000 square foot building with ample parking. This is a remarkable chance to acquire a ready-to-develop site in a high-demand area, offering significant long-term growth potential. The asking price for this exceptional property is $549,000.

    Property Features for 1925 Patton Chapel Rd

    General Information

    Property type
    Land

    HighLights

    • $549,000 asking price.
    • .92‑acre commercial land parcel in Hoover, Alabama.
    • Located at 1925 Patton Chapel Rd, Hoover, AL 35226.
    • 39,872 square foot lot size.
    • A‑1 zoning.
    • Prime location near Hwy 31 (Montgomery Hwy) in Hoover's retail corridor.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -86.808733207616
    Latitude
    33.390681853919

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    FAQs

    What type of property is this?
    Land - .92-acre commercial lot, prime location.
    Where is this land located?
    The property is located at 1925 Patton Chapel Rd Hoover, AL.
    What is the asking price?
    The asking price for this property is $549,000.
    What are key features of this property?
    This property features: $549,000 asking price.; .92-acre commercial land parcel in Hoover, Alabama.; Located at 1925 Patton Chapel Rd, Hoover, AL 35226.
    Request Owner's contact information
    1925 Patton Chapel Rd Hoover, AL 35226
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    Hoover, AL 35226
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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
    1925 Patton Chapel Rd Hoover, AL 35226
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