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    1680 Montgomery Hwy Vestavia Hills, AL 35216

    Sponsored
    For Sale
    $2,540,000

    8,614 SF Medical Office, 100% Occupied

    Property size:
    8,614 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    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 Features for 1680 Montgomery Hwy

    General Information

    Property type
    Medical offices
    Square Feet
    8,614 SF

    HighLights

    • 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.
    • Strong surrounding residential and daytime population density.
    Property Profile Location Intelligence

    Current Use by Public Records

    Holsey Drake Family Practice Physician Leader Drug Store Pharmacy American Family Care ... Urgent Care Center Amanda Higgins Nurse Practitioner Brooke Simpson Pharmacy

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office 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
    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.
    Request Owner's contact information
    1680 Montgomery Hwy Vestavia Hills, AL 35216
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    Vestavia Hills, AL 35216
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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
    1680 Montgomery Hwy Vestavia Hills, AL 35216
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