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Investment Highlights

  • ±8.7-acre residential land tract.
  • Excellent access to Interstate 459 and major Hoover corridors.
  • Suitable for estate, residential development, or investment use.
  • Zoned R-1 Single Family Residential.
  • Near Hoover Sports Park, shopping, dining, and employment centers.

Executive Summary

3505 Chapel Lane offers a rare residential land opportunity within the City of Hoover, one of the Birmingham metro area's most desirable and established communities. Encompassing approximately 8.7 acres, the property is zoned R-1 Single Family Residential and presents an opportunity for a private estate, residential development, or long-term land investment.
The site benefits from a strategic location along Chapel Lane with convenient access to Interstate 459, the Riverchase and Galleria corridors, and the extensive retail, dining, and employment amenities that have made Hoover one of Alabama's premier residential markets. The property is situated near Hoover Sports Park and is served by the highly regarded Hoover school system.
With substantial acreage in an increasingly supply-constrained submarket, the property offers flexibility for future residential use while maintaining convenient connectivity to major transportation routes throughout the Birmingham region. Utilities are available in the area, and the property's location combines accessibility with a setting that supports a variety of residential development concepts.
This offering represents an opportunity to acquire a sizeable tract in a mature, high-demand suburban market with continued residential growth and strong long-term fundamentals.

Property Facts

Price $525,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 8.70 AC
Zoning R1 - Residential

1 Lot Available

Lot

Price $525,000
Price Per AC $60,344.83
Lot Size 8.70 AC

Description

Rare Development Opportunity in Hoover

Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
  • Listing ID: 27441060

  • Date on Market: 1/5/2023

  • Last Updated:

  • Address: 3505 Chapel Ln, Birmingham, AL 35226

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