1560 Woods Of Riverchase DrHoover, AL 35244

Property Details for 1560 Woods Of Riverchase Dr

Year built

2016

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.90 AC

Property size (Sq ft)

6,787 SF

Property type

Office buildings

APN

109300001004045

APU

109300001004045

Description

This exceptional 2,900 square foot office space is ideally situated on the first floor of a two-story building in the highly desirable Hoover, Alabama location within Shelby County. The property is available for single-tenant occupancy and offers a versatile layout perfect for a variety of businesses. The space boasts a blend of private offices, providing individual workspaces for enhanced privacy and focus, and a spacious reception area to welcome clients and guests. Dedicated conference rooms are included, facilitating efficient meetings and presentations. Furthermore, a sizable open area is available, easily adaptable to accommodate multiple workstations and collaborative work environments. The property is move-in ready, minimizing any downtime and allowing for immediate occupancy. Ample parking is available for employees and visitors, ensuring convenient access to the premises. This first-floor location offers easy accessibility and visibility. The property's traditional office layout is complemented by its suitability for coworking and creative office uses, making it a flexible and adaptable space for a wide range of businesses. This prime location in Hoover offers excellent access to major transportation routes and a vibrant business community.

• CAP approach

  CAP return

  Valuation

  6%

  $1,435,480

  6.5%

  $1,325,058

  7%

  $1,230,412

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,105,534

  Geo Method

  $1,323,872

• Alternative Use

  Use

  Valuation

  Residential

  $1,643,073

  Hospitality

  $1,505,046

  Educational

  $1,252,180

  Medical

  $1,295,245

  Retail

  $1,947,836

Location Insight

City

Hoover

County

Shelby

State

Alabama

Latitude

33.3571

Longitude

-86.7866

CBSA code

13820

CBSA name

BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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