0 Concourse Pkwy Birmingham, AL 35244
This exceptional 7.5-acre commercial and industrial land parcel presents a remarkable investment opportunity in the thriving Riverchase area of Hoover, Alabama. Situated on Concourse Parkway in Jefferson County, this property boasts a highly desirable location with convenient access to Interstate 65 and Highway 31, ensuring excellent visibility and accessibility for businesses. The site offers ample parking with 418 spaces, accommodating a substantial workforce and clientele. The property's zoning and location are ideal for a variety of commercial and industrial uses. Preliminary plans envision the development of two 36,000 square foot medical office buildings, reflecting the area's growing demand for healthcare services. This strategic location within the rapidly developing North Shelby County area places the property within close proximity to established communities and high-traffic corridors, promising strong potential for future growth and return on investment. The 35244 zip code further underscores the property's position within a vibrant and expanding market. This is a rare opportunity to acquire a significant land parcel in a prime location with exceptional infrastructure and growth potential. The existing infrastructure and strategic location make this a compelling opportunity for developers and investors seeking a high-impact project in a thriving Alabama market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.