2084 Valleydale RdHoover, AL 35244

Property Details for 2084 Valleydale Rd

Year built

1978

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

2.22 AC

Property size (Sq ft)

6,525 SF

Property type

Office properties

Property subtype

Office buildings

APN

109300001016001

APU

109300001016001

Description

This exceptional Class A office building, located at 2084 Valleydale Road in Hoover, Alabama, presents a rare investment or owner-occupancy opportunity. The 6,600 square foot single-story building sits on a generous 2.22-acre lot, offering fantastic visibility and accessibility. Boasting a prime location on high-traffic Valleydale Road, the property benefits from over 21,000 cars passing daily. Its strategic position provides easy access to I-65, Highway 31, and is conveniently located near Highway 119. The asking price is $1,500,000, translating to $227.27 per square foot. The property's versatile design allows for easy conversion to accommodate various uses, including medical offices, making it an attractive option for a wide range of businesses. This is a unique opportunity to acquire a substantial commercial property in a thriving Hoover location. The property is being offered for sale by owner and broker co-op is available. The zip code is 35244 and the property is situated in Shelby County.

• CAP approach

  CAP return

  Valuation

  6%

  $1,380,066

  6.5%

  $1,273,907

  7%

  $1,182,914

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,062,857

  Geo Method

  $1,272,766

• Alternative Use

  Use

  Valuation

  Residential

  $1,579,645

  Hospitality

  $1,446,946

  Educational

  $1,203,842

  Medical

  $1,245,244

  Retail

  $1,872,643

Location Insight

City

Hoover

County

Shelby

State

Alabama

Latitude

33.351

Longitude

-86.7858

CBSA code

13820

CBSA name

BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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