1680 Montgomery Hwy Vestavia Hills, AL 35216
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8,614 SF Medical Office, 100% Occupied
Property size:
8,614 SFProperty Features for 1680 Montgomery Hwy
General Information
- Property type
- Medical offices
- Square Feet
- 8,614 SF
Listing Agency: Shannon Waltchack Listing Agent: Alec Hersh
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional 8,614-square-foot medical office building is located at 1680 Montgomery Highway in Vestavia Hills, Alabama, 35216. The property offers a fee-simple ownership opportunity with a current asking price of $2,540,000, representing a price per square foot of $294.87. Currently operating at 100% occupancy, the building boasts a strong pro-forma net operating income (NOI) of $130,311, yielding a pro-forma capitalization rate of 5.13%. Its prime location at the corner of Patton Chapel Road and Highway 31 in the heart of Hoover's "Main and Main" area provides exceptional visibility to over 36,000 vehicles daily. The property benefits from its proximity to major transportation arteries, including I-65 and I-459, as well as nearby amenities such as the Riverchase Galleria shopping mall and the Hoover Public Library. The well-lit corner location ensures high visibility from Highway 31. The surrounding area is characterized by a dense residential and daytime population, creating a strong base of potential patients and clients. This presents a compelling investment opportunity in a thriving medical market.
Property Profile
Location Intelligence
Current Use by Public Records
Medical offices
Location Insight
- Map
- Local Demand
- City
- Vestavia Hills
- County
- Jefferson
- State
- Alabama
- Longitude
- -86.807009
- Latitude
- 33.3909988
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FAQs
What type of property is this?
Medical office - 8,614 SF Medical Office, 100% Occupied
Where is this medical office located?
The property is located at 1680 Montgomery Hwy Vestavia Hills, AL.
What is the asking price?
The asking price for this property is $2,540,000.
What are key features of this property?
This property features: High-traffic corner location in Hoover's "Main and Main" at Patton Chapel Road and Highway 31, seeing over 36,000 vehicles daily.; Excellent access to I-65, I-459, Riverchase Galleria, and Hoover Public Library (under 1 minute).; Highly visible corner lot with excellent street visibility from Highway 31.
