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Property profile & analytics
FOR SALE
Office buildings

31 Inverness Center Pkwy Hoover, AL 35242

99,060 SF 6.64 ac lot Built 1980
Trust Owned 15-yr Hold Absentee Owner Free & Clear
Property ID
US03-1109948
Property summary
AI-generated overview

This exceptional office property, located at 31 Inverness in Shelby County, offers a tranquil, park-like setting while maintaining convenient proximity to Birmingham's vibrant retail hub. The building boasts a total of 99,060 square feet, with 15,872 square feet currently available for lease. Six individual spaces are immediately available, ranging in size from 1,331 to 5,934 square feet, providing flexibility for businesses of various scales. The property features on-site property management for seamless operations and offers the significant advantage of no occupational taxes. Enhance employee well-being and productivity with access to the Inverness Greenway walking trail, directly connected to the building. Security is paramount, with 24-hour key card access ensuring peace of mind. Enjoy the convenience of on-site conference facilities, perfect for meetings and presentations. Modern amenities include high-speed fiber optics for reliable connectivity and attractive outdoor spaces. This is a unique opportunity to secure high-quality office space in a desirable location with a comprehensive suite of features. The multiple tenancy structure allows for diverse business needs, creating a vibrant and collaborative environment. Contact us today to schedule a viewing and explore the possibilities.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1980
Total area 99,060 SF
Lot 6.64 ac (289,369 SF)
APN 27360001029002
UPID US03-1109948
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
by Request
Comparable Approach Comparable
$12.45M
Blend (final) Blend
$12.45M
Owner & transaction history
Hub Properties Trust · 15 yrs held
Hub Properties Trust
since 2010
2 recorded transactions
2010
Price N/A
2005
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $18.1M +12.6%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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