2 Riverchase RdgHoover, AL 35244
- Office properties
- 12,912 SF
Property Details for 2 Riverchase Rdg
- Year built
- 1999
- Construction
- WOOD
- Lot size
- 1.49 AC
- Property size (Sq ft)
- 12,912 SF
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 109300001004039
- APU
- 109300001004039
Description
This exceptional executive office space, located at 2 Riverchase Ridge in Hoover, Alabama, offers a prime opportunity for businesses seeking a prestigious address in Shelby County. The property, known as Riverchase Ridge, boasts a total of 12,416 square feet, with a significant portion currently available for lease. A single, sizable suite of 2,477 square feet is immediately ready for occupancy. The building is classified as a multi-tenant property, providing a collaborative and professional environment. The convenient location in Hoover, Alabama, zip code 35244, offers easy access to major transportation routes and amenities. This is an ideal space for businesses seeking a modern and efficient workspace in a thriving community. The property's classification as "Executive Office" speaks to its high-quality finishes and professional atmosphere. With ample square footage available, this location presents a unique opportunity to establish or expand your business in a desirable setting. The available space is ready for immediate occupancy, allowing for a quick and seamless transition. Contact us today to schedule a viewing and explore the possibilities of making Riverchase Ridge your new business home. The property is situated in Shelby County, Alabama, offering access to a robust local economy and a strong workforce.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,730,944
- 6.5%
- $2,520,872
- 7%
- $2,340,810
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,103,236
- Geo Method
- $2,518,615
-
Alternative Use
- Use
- Valuation
- Residential
- $3,125,881
- Hospitality
- $2,863,290
- Educational
- $2,382,224
- Medical
- $2,464,152
- Retail
- $3,705,681
Location Insight
- City
- Hoover
- County
- Shelby
- State
- Alabama
- Latitude
- 33.3551
- Longitude
- -86.7865
- CBSA code
- 13820
- CBSA name
- BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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