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    1855 Montgomery Hwy Hoover, AL 35244-1207
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    Property profile & analytics

    1855 Montgomery Hwy, Hoover, AL 35244-1207

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    • Strip malls
    • 105,525 SF
    • 7.70 lot acres
    Off-Market
    Last Sale Feb 16, 2024
    Property ID
    US03-0659170
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $9,550,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Strip malls

    Property Details for 1855 Montgomery Hwy

    Year built
    1989
    Lot size
    7.70 lot acres
    Zone code
    PC
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    39-00-24-1-000-001.012
    APU
    3900241000001012

    Description

    Plaza at Riverchase offers exceptional retail opportunities in Birmingham, Alabama. This 197,840 square foot mixed-use center boasts a diverse tenant mix, including national anchors Hobby Lobby and Planet Fitness, ensuring high foot traffic. Located at 1855 Montgomery Hwy, Birmingham, AL 35244, the property enjoys a prime location near I-65 and I-459, just one mile from The Galleria mall. With 850 parking spaces, the center provides ample convenience for shoppers and employees. Currently, there are 22,100 square feet of vacant space available, divisible into units as small as 1,000 square feet and up to a maximum contiguous space of 54,277 square feet. Built in 1989, this center serves a densely populated, affluent area with above-average education, per-capita income, and household income levels. Median household income has experienced significant growth, increasing by 51% since 2000. The center's location on a high-traffic corridor, combined with its strong tenant base offering health and wellness services, grocery, and restaurants, presents a compelling investment opportunity. This property is ideally suited for businesses seeking exposure in a thriving Birmingham market.


    Value Estimations

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    • CAP approach

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    Location Insight

    • Map
    • Local Demand
    City
    Hoover
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.7974
    Latitude
    33.369
    CBSA code
    13820
    CBSA name
    BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $80,818
    $599,580
    $602,920
    $1,202,500
    -
    $2,997,900
    $3,014,600
    $6,012,500
    More about this property
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