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Property profile & analytics
FOR SALE
Commercial land

1925 Patton Chapel Rd Hoover, AL 35226

0.44 ac lot
Entity Owned 2-yr Hold Free & Clear
Property ID
US03-2168324
Property summary
AI-generated overview

This exceptional .92-acre commercial land parcel presents a unique investment opportunity in Hoover, Alabama. Located at 1925 Patton Chapel Rd, 35226, this property boasts a strategic position just off the intersection of Patton Chapel Road and Highway 31 (Montgomery Highway), a bustling retail corridor in Hoover. The site has been newly created following a five-lane widening of Patton Chapel Road, enhancing its visibility and accessibility. Currently zoned A-1, the land is ideally suited for the development of a medical office building (MOB) or professional office building (POB). Its proximity to desirable neighborhoods such as those along Patton Chapel, Chapel Lane, and Preserve Parkway ensures high potential for tenant occupancy. The lot encompasses 39,872 square feet and is already rough-graded, with utilities readily available at or near the site. Preliminary site schematics indicate the potential to construct a 5,000 square foot building with ample parking. This is a remarkable chance to acquire a ready-to-develop site in a high-demand area, offering significant long-term growth potential. The asking price for this exceptional property is $549,000.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.44 ac (19,166 SF)
Zoning code A1&C1
APN 39-00-12-3-003-012.023
UPID US03-2168324
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Birmingham City Of Water Works Boar · 2 yrs held
Birmingham City Of Water Works Boar
since 2024
1 recorded transaction
2024
Price N/A
Zoning & alternative use
A1&C1 · Hoover, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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