5561 Grv Blvd, Hoover, AL 35226-4600
- Retail properties & Spaces
- 193,208 SF
- 6.70 lot acres
Current Use by Public Records
- Retail properties & Spaces
Property Details for 5561 Grv Blvd
- Year built
- 2009
- Lot size
- 6.70 lot acres
- Zone code
- PC
- Property type
- Retail properties & Spaces
- APN
- 39-00-21-4-000-001.028
- APU
- 3900214000001028
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 19, 2007 | — | Target Corp | Owner Name Unavailable | Grant Deed · related | — |
Description
The Grove, a 136,618 square-foot power center in Hoover, Alabama, presents a unique investment opportunity. Situated on 1.1 acres (with a total lot size of 48.9 acres), this multi-tenant property boasts a prime location at 5561 Grove Blvd, Birmingham, AL 35226, near the intersection of Interstates 459 and 65. The center benefits from high daily traffic volume, estimated at 79,020 vehicles on I-459 alone. Strong anchors include Marshalls, Petco, and Dollar Tree, with shadow anchors such as Super Target, Kohl's, and At Home, ensuring consistent foot traffic and brand recognition. Built in 2009, the property offers 1,058 parking spaces for customer convenience. This Jefferson County location is within the affluent Birmingham-Hoover metropolitan submarket, a thriving center of commerce, industry, and culture in Alabama. One acre outparcel is also available. This property offers exceptional visibility and accessibility, attracting both local and regional shoppers. The available space presents a compelling opportunity for businesses seeking a high-traffic, well-established retail location in a dynamic market.
Value Estimations
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $13,830,000
Market price range: $3.15M - $18.8M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $18,550,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Hoover
- County
- Jefferson
- State
- Alabama
- Longitude
- -86.8529
- Latitude
- 33.3619
- CBSA code
- 13820
- CBSA name
- BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
