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    Inverness Center Dr Birmingham, AL 35242

    For Sale
    Contact for pricing

    Prime Birmingham mixed-use development land.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 15-acre parcel presents a remarkable mixed-use development opportunity in Birmingham, Alabama's thriving Inverness Center. Situated along Highway 280, this strategically located site benefits from superior access to major highways, including I-459, placing it within the highly desirable Highway 280/I-459 submarket in Hoover, AL. The property is part of a master-planned urban development (PUD), offering a unique blend of natural beauty and urban convenience. The area boasts an amenity-rich environment, including high-end retail, service retail, banking, daycare facilities, and top-tier restaurants. Residents and businesses will enjoy easy access to a redesigned park focused on community wellness and exercise, as well as the picturesque Memorial Lake, complete with walking trails and stunning views. This location's proximity to a skilled workforce and its lush natural setting distinguish it from other sites in the market, making it ideal for luxury residential development and complementary commercial ventures. The site's zoning and development potential will be attractive to developers seeking a prime location within a vibrant and established community. This is a rare opportunity to capitalize on the growth and desirability of this exceptional Birmingham location. The property is located at Inverness Center Dr, Birmingham, AL 35242, in Jefferson County.

    Property Features for 0 Inverness Center Dr

    General Information

    Property type
    Land
    Lot Size
    653,400 SF

    HighLights

    • 15+/- acre mixed‑use development site in Birmingham, AL.
    • Located in the Inverness Center Master Planned Urban Development (PUD) along Highway 280.
    • Excellent Highway 280/I‑459 submarket location in Hoover, AL, providing superior access to major highways.
    • Surrounded by high‑end retail, service retail, banking, daycare, and restaurants.
    • Unique natural setting near amenities and a skilled workforce.
    • Proximity to a redesigned park and Memorial Lake with walking trails.
    Property Profile Location Intelligence

    Current Use by Public Records

    Double Oak Mountain ... Dentist Crew Lending Mortgage Lender Inverness Family Dentistry ... Dentist Brewer D Matson ... Dentist Dr. Chris D. ... Dentist

    Map

    City
    Birmingham
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.7122994
    Latitude
    33.4208894

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    FAQs

    What type of property is this?
    Land - Prime Birmingham mixed-use development land.
    Where is this land located?
    The property is located at Inverness Center Dr Birmingham, AL.
    What are key features of this property?
    This property features: 15+/- acre mixed-use development site in Birmingham, AL.; Located in the Inverness Center Master Planned Urban Development (PUD) along Highway 280.; Excellent Highway 280/I-459 submarket location in Hoover, AL, providing superior access to major highways.
    (205) 229-5417
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    Inverness Center Dr Birmingham, AL 35242
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    Birmingham, AL 35242
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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
    Inverness Center Dr Birmingham, AL 35242
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