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    5576 Grove Blvd Hoover, AL 35226

    For Lease
    $32 SF/Yr ($12,000 /Mo)

    4,500 SF Freestanding Office, 20 Parking Spaces

    Lot size:
    4,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 4,500-square-foot executive office space is ideally situated in the highly desirable Hoover submarket of Jefferson County, Alabama. Located at 5576 Grove Blvd, zip code 35226, this single-tenant property offers a unique opportunity for businesses seeking a prominent and easily accessible location. The building is a freestanding structure, previously utilized as a bank branch, providing a high-profile presence and ample visibility. The property boasts a total of 20 parking spaces, ensuring convenient parking for employees and clients. The entire 4,500 square feet is currently vacant and ready for immediate occupancy, allowing for complete customization to suit a tenant's specific needs and branding. Its location within The Hoover submarket provides easy access to major transportation routes, amenities, and a thriving business community. This is a rare opportunity to secure a high-quality, freestanding executive office space in a prime Hoover location. The property is available for lease and offers a blank canvas for a discerning tenant seeking a prestigious and functional workspace. The address is 5576 Grove Blvd, Hoover, AL 35226.

    Property Features for 5576 Grove Blvd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,500 SF
    Total Rate
    12000

    Unit(s) available at that property

    Space
    Available
    Size
    4,500 SF
    Rate per SF
    $32

    HighLights

    • 4,500 SF building.
    • Four drive‑thru lanes.
    • Twenty parking spaces.
    • Excellent signage opportunity with high visibility.
    • Signalized intersection for easy access.
    • Located in The Grove development with strong co‑tenancy including Target, Kohl's, Chick‑fil‑A, Petco, and At Home.
    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
    -86.8518025
    Latitude
    33.3591167

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    FAQs

    What type of property is this?
    Office Property / Space - 4,500 SF Freestanding Office, 20 Parking Spaces
    Where is this office property / space located?
    The property is located at 5576 Grove Blvd Hoover, AL.
    What is the lease rate?
    The lease rate is $32 SF/Yr.
    What are key features of this property?
    This property features: 4,500 SF building.; Four drive-thru lanes.; Twenty parking spaces.
    Request Owner's contact information
    5576 Grove Blvd Hoover, AL 35226
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    Hoover, AL 35226
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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
    5576 Grove Blvd Hoover, AL 35226
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