Property profile

0 Inverness Center Dr Birmingham, AL 35242

OFF-MARKET
Land
15 ac lot
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Property summary

AI-generated overview

This exceptional 15-acre parcel presents a remarkable mixed-use development opportunity in Birmingham, Alabama's thriving Inverness Center. Situated along Highway 280, this strategically located site benefits from superior access to major highways, including I-459, placing it within the highly desirable Highway 280/I-459 submarket in Hoover, AL. The property is part of a master-planned urban development (PUD), offering a unique blend of natural beauty and urban convenience. The area boasts an amenity-rich environment, including high-end retail, service retail, banking, daycare facilities, and top-tier restaurants. Residents and businesses will enjoy easy access to a redesigned park focused on community wellness and exercise, as well as the picturesque Memorial Lake, complete with walking trails and stunning views. This location's proximity to a skilled workforce and its lush natural setting distinguish it from other sites in the market, making it ideal for luxury residential development and complementary commercial ventures. The site's zoning and development potential will be attractive to developers seeking a prime location within a vibrant and established community. This is a rare opportunity to capitalize on the growth and desirability of this exceptional Birmingham location. The property is located at Inverness Center Dr, Birmingham, AL 35242, in Jefferson County.

Property profile

Verified
Property type Land
Lot 15 ac (653,400 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Inverness Center Dr Birmingham, AL 35242
Birmingham metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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