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    5569 Grove Blvd Hoover, AL 35244

    For Sale
    Contact for pricing

    4.69 Acres, Prime Retail Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 4.69-acre commercial land parcel presents a remarkable investment opportunity in Hoover, Alabama. Strategically located at 5569 Grove Blvd, in Jefferson County, this property boasts a highly visible position with signalized access from John Hawkins Parkway, a major thoroughfare experiencing 37,268 average daily traffic counts. Its prime location offers unparalleled exposure and accessibility, situated near a dominant power center anchored by prominent national retailers including Target, At Home, Kohl's, Marshalls, Publix, and Sprouts. The site's proximity to I-459 South provides convenient access for customers throughout the region. This location is ideal for a variety of commercial developments, making it an excellent opportunity for an anchor tenant or a collection of smaller retail shops. The property's size and location within this thriving retail corridor ensure high visibility and significant potential for growth and return on investment. The address is 5569 Grove Blvd, Hoover, AL 35244. This is a rare opportunity to acquire a substantial land parcel in a high-demand area.

    Property Features for 5569 Grove Blvd

    General Information

    Property type
    Land
    Lot Size
    204,296 SF

    HighLights

    • 4.69‑acre commercial land parcel for sale in Hoover, AL.
    • Located in a dominant power center with national retailers including Target, At Home, Kohl's, Marshalls, Publix, and Sprouts.
    • Signalized access from John Hawkins Parkway, boasting 37,268 ADT.
    • Major I‑459 South exit in Hoover, AL.
    • Ideal location for anchor or smaller retail shops.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Hoover
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.8119917
    Latitude
    33.3639393

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    FAQs

    What type of property is this?
    Land - 4.69 Acres, Prime Retail Location
    Where is this land located?
    The property is located at 5569 Grove Blvd Hoover, AL.
    What are key features of this property?
    This property features: 4.69-acre commercial land parcel for sale in Hoover, AL.; Located in a dominant power center with national retailers including Target, At Home, Kohl's, Marshalls, Publix, and Sprouts.; Signalized access from John Hawkins Parkway, boasting 37,268 ADT.
    Request Owner's contact information
    5569 Grove Blvd Hoover, AL 35244
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    Hoover, 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
    5569 Grove Blvd Hoover, AL 35244
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