2025 Valleydale RdHoover, AL 35244

  • Retail space
  • 1,664 SF
For Sale
$1,200,000 View listing

Property Details for 2025 Valleydale Rd

Year built
1960
Construction
WOOD
Lot size
1.31 AC
Property size (Sq ft)
1,664 SF
Property type
Retail space
APN
109300002009000
APU
109300002009000

Description

This exceptional 3,494 square foot property, situated on 1.315 acres in Hoover, Alabama, presents a unique investment opportunity. Built in 2007 and renovated in 2016, this single-tenant space boasts two buildings, each one story, offering a flexible layout suitable for various uses. The property features 150 feet of frontage on US-31, providing excellent visibility and accessibility. With ample parking (50-75 spaces), the property is zoned commercial and includes power. The location is ideal for retail, industrial, or special purpose businesses, including but not limited to auto dealerships, tractor sales, lawn care businesses, or any enterprise requiring office space, showroom display, and a workshop. The property's convenient location in the Hoover/Pelham submarket of Shelby County, Alabama (zip code 35244), offers easy access to major transportation routes. The property has a total of 3,494 square feet of vacant space, and the tax cost per square foot is $1.83. The property's address is 2025 Valleydale Rd, Birmingham, AL, with cross streets of US-31 and Valleydale Rd. The APN is 109300002009000. This property is a rare find, offering a combination of prime location, versatile space, and significant potential for growth.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $517,357
    6.5%
    $477,560
    7%
    $443,448
  • Comparable approach

    Method
    Valuation
    Relative Method
    $683,043
    Geo Method
    $817,941
  • Alternative Use

    Use
    Valuation
    Residential
    $402,840
    Hospitality
    $368,999
    Educational
    $307,003
    Medical
    $317,561
    Retail
    $477,560

Location Insight

City
Hoover
County
Shelby
State
Alabama
Latitude
33.3459
Longitude
-86.7934
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
$6,841
-
-
$117,940
-
$312,750
$276,920
$589,670

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