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    Property profile & analytics

    250 Riverchase E Pkwy, Unit 600 Hoover, AL 35244-1832

    • Office buildings
    • 241,163 SF
    • 53.00 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jan 18, 2024
    Location Intelligence
    Property ID
    US03-0838676
    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.

    Current Use by Public Records

    • Office buildings

    Property Details for 250 Riverchase E Pkwy

    Year built
    1995
    Lot size
    53.00 lot acres
    Property size
    241,163 SF
    Property type
    Office buildings
    APN
    104190001001029
    APU
    104190001001029

    Description

    This exceptional 90-acre commercial land parcel presents a unique investment opportunity in the thriving city of Hoover, Alabama. Located at 250 Riverchase Pkwy E, this single-tenant property offers unparalleled potential for large-scale development. The expansive lot size provides ample space for a variety of commercial ventures, catering to diverse business needs. Situated in Shelby County, this property benefits from excellent access to major transportation routes, ensuring convenient connectivity for businesses and employees. The address, 250 Riverchase Pkwy E, Hoover, AL 35244, places the land in a high-visibility area with significant potential for attracting a wide customer base. With its substantial acreage and strategic location, this property is ideal for developers seeking a prime location to build a substantial commercial project. The property is designated for commercial use and is available for lease. The sheer scale of the land allows for flexibility in design and development, accommodating a range of commercial building sizes and configurations. This is a rare opportunity to acquire a significant land holding in a highly desirable area of Hoover, offering exceptional long-term growth potential. The property's size and location make it an attractive proposition for businesses seeking a prominent presence in a rapidly growing market. Detailed site plans and zoning information are available upon request.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hoover
    County
    Shelby
    State
    Alabama
    Longitude
    -86.7814
    Latitude
    33.3623
    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
    2023
    $570,201
    $0.00
    $0.00
    $8,529,340
    -
    $5,402,310
    $37,244,300
    $42,646,610

    Comparable in this City

    • Value Estimation by Request
      1,012 SF

      2408 Valleydale Rd

      OFFICE BUILDING • 1,012 SF
      2408 Valleydale Rd, Hoover, AL 35244-2015
      View Details
    • Value Estimation by Request
      11,224 SF

      Birmingham, AL 35244

      OFFICE BUILDING • 11,224 SF
      Birmingham, AL 35244
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    • Value Estimation by Request
      132,698 SF

      100 Concourse Pkwy

      OFFICE BUILDING • 132,698 SF
      100 Concourse Pkwy, Hoover, AL 35244-1881
      View Details
    • Value Estimation by Request
      6,000 SF

      1920 Valleydale Rd

      OFFICE BUILDING • 6,000 SF
      1920 Valleydale Rd, Birmingham, AL 35244-1703
      View Details
    • Value Estimation by Request
      3,360 SF

      2485 Valleydale Rd

      OFFICE BUILDING • 3,360 SF
      2485 Valleydale Rd, Hoover, AL 35244-2017
      View Details
    • Value Estimation by Request
      10,200 SF

      2477 Valleydale Rd

      OFFICE BUILDING • 10,200 SF
      2477 Valleydale Rd, Hoover, AL 35244-2087
      View Details

    Similar Nearby for Sale

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      Office Building with Warehouse Space

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      Riverchase Parkway Executive Office Building

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      Executive Office Building, Hoover, AL

      Prime Office Space, 58,370 SF, 240 Parking
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    • $1,500,000
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      Valleydale Road Office Building

      Prime Hoover Office, 6,600 SF, 2.22 Acres
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    Similar Nearby for Lease

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      Southlake Plaza Office Suites

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      Riverchase Ridge Executive Suites

      Hoover, AL Executive Office Space Available
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    • $19 SF/Yr
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      Prime Hoover Office Space

      1,598 SF Executive Office Suite; Valleydale Rd.
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    • $16 SF/Yr
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      Riverchase Executive Office Suites

      Prime Birmingham Office Space Available
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      View Details
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    Hoover, AL 35244-1832
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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