Technical
Financial
Distress signals
Property profile

1945 Patton Chapel Rd Hoover, AL 35226

FOR SALE
Office Spaces
Property ID
US03-0192083
4,443 SF 1.5 ac lot
Entity Owned
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Property summary

AI-generated overview

This exceptional Class A office building, located at 1945 Patton Chapel Road in Hoover, Alabama, presents a unique investment opportunity. The 4,443 square foot freestanding building sits on a generous 1.5-acre lot, offering ample space and potential for expansion. Currently 100% occupied, the property boasts a single tenancy under a NNN lease. Its versatile design suits various office uses, including creative, medical, and traditional office spaces. The building is strategically positioned near US Highway 31 and Interstate I-459, providing excellent access to major transportation routes and a wide array of commercial amenities, including hotels, restaurants, and medical facilities. The property's zoning (C-1) allows for flexibility. The substantial lot size includes approximately one acre of developable land, presenting an opportunity for future subdivision and development. The building features a large parking lot and laydown yard, along with interior warehouse storage space. The asking price is $1,275,000, representing a price per square foot of $286.97. This is a rare chance to acquire a high-quality, well-located commercial property in a thriving Hoover market. The property is a single-story building.

Property profile

Verified
Property type Office Spaces
Total area 4,443 SF
Lot 1.5 ac (65,340 SF)
UPID US03-0192083

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Landscaping General Contractor
  • Construction Company

Location

1945 Patton Chapel Rd Hoover, AL 35226
Hoover metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2025
4 recorded transactions
2025
$1.2M
2023
Price N/A
2018
Price N/A
2017
$586,550

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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