2815 Greystone Commercial BlvdHoover, AL 35242

Property Details for 2815 Greystone Commercial Blvd

Year built

1996

Lot size

0.53 AC

Property size (Sq ft)

8,221 SF

Property type

Retail space

APN

93050003086000

APU

93050003086000

Description

This exceptional Class A retail space, totaling 3,400 square feet, is ideally situated at 2815 Greystone Commercial Blvd in Hoover, Alabama, 35242. Located directly on US Highway 280, this property boasts unparalleled visibility and accessibility, benefiting from a daily traffic count of 58,520 vehicles. The single-story building underwent a complete renovation in 2021, resulting in a modern and attractive space. The entire 3,400 square feet is currently vacant and available for lease. While previously used as a real estate office, this versatile space is suitable for a variety of retail uses. Benefit from prominent signage opportunities, including large signage visible from Highway 280 and monument signage, ensuring maximum brand exposure. This location is managed locally and enjoys proximity to some of Birmingham's most affluent and rapidly growing neighborhoods. The property is part of a larger 28,000 square foot building, offering a strong presence in a high-traffic area. This is a rare opportunity to secure a prime retail space in a thriving market.

• CAP approach

  CAP return

  Valuation

  6%

  $2,556,003

  6.5%

  $2,359,387

  7%

  $2,190,860

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,374,579

  Geo Method

  $4,041,042

• Alternative Use

  Use

  Valuation

  Residential

  $1,990,231

  Hospitality

  $1,823,041

  Educational

  $1,516,749

  Medical

  $1,568,912

  Retail

  $2,359,387

Location Insight

City

Hoover

County

Shelby

State

Alabama

Latitude

33.4137

Longitude

-86.6664

CBSA code

13820

CBSA name

BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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