1560 Montgomery Hwy Hoover, AL 35216-4584
This exceptional 1-acre property at 1560 Montgomery Hwy, Vestavia Hills, AL 35216 presents a rare redevelopment opportunity. Located on highly sought-after Highway 31, this site boasts exceptional visibility and accessibility, situated along one of Birmingham's busiest thoroughfares. The property's mixed-use zoning allows for a variety of development options, including industrial, office, retail, and special purpose uses. The asking price is $1,999,999. Its strategic location offers significant advantages, including high traffic counts and convenient access to major interstates I-459 and I-65, ensuring excellent connectivity for any future development. The property also features the potential for exterior pole signage, maximizing marketing opportunities. This is an unparalleled chance to capitalize on a prime location in a thriving Birmingham market. The property is classified as flex space, offering versatility for diverse business needs. This is a unique opportunity to acquire a highly visible and strategically located property in a rapidly growing area. Don't miss this chance to secure a valuable asset with significant future potential. The property is zoned for mixed-use development, providing flexibility for a wide range of commercial ventures.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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
C2 · Hoover, ALCosts & 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.