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    4575 Southlake Pkwy Birmingham, AL 35244

    For Sale
    $995,000

    4.99 Acres, Planned Office Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 4.99-acre parcel represents the last available undeveloped land in the highly sought-after Southlake Park, a Class "A" office park nestled in the desirable over-the-mountain area of Shelby County, Alabama. Located at 4575 Southlake Parkway in Hoover, AL, 35244, this property offers unparalleled convenience with easy access to Interstate 65. The land is zoned Planned Office (PO) by the City of Hoover, providing flexibility for a variety of development opportunities. Beyond standard office space, the zoning also permits additional conditional uses, including senior living/retirement communities, independent living facilities, and assisted living facilities, presenting a unique investment opportunity for developers seeking to capitalize on the growing demand for these types of facilities in this prime location. The asking price for this exceptional property is $995,000. Given its location, zoning, and scarcity, this is a truly rare opportunity to acquire land in one of Birmingham's most prestigious office parks. The property's latitude and longitude coordinates are 33.3625699, -86.7761749 respectively. This presents a unique chance to build a landmark development in a thriving community. Don't miss this chance to secure the last remaining undeveloped land in Southlake Park.

    Property Features for 4575 Southlake Pkwy

    General Information

    Property type
    Land
    Lot Size
    217,364 SF

    HighLights

    • 4.99‑acre undeveloped land parcel in Southlake Park, Hoover, AL.
    • Located at 4575 Southlake Parkway, Hoover, AL 35244, with easy I‑65 access.
    • Planned Office (PO) zoning allows for office space and senior living facilities.
    • Asking price: $995,000.
    • Last available undeveloped land in this Class "A" office park.
    Property Profile 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
    Birmingham
    County
    Shelby
    State
    Alabama
    Longitude
    -86.7761749
    Latitude
    33.3625699

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    FAQs

    What type of property is this?
    Land - 4.99 Acres, Planned Office Zoning
    Where is this land located?
    The property is located at 4575 Southlake Pkwy Birmingham, AL.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: 4.99-acre undeveloped land parcel in Southlake Park, Hoover, AL.; Located at 4575 Southlake Parkway, Hoover, AL 35244, with easy I-65 access.; Planned Office (PO) zoning allows for office space and senior living facilities.
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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
    4575 Southlake Pkwy Birmingham, AL 35244
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