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Investment Highlights

  • Great Valleydale Road frontage
  • Unincorporated status
  • Already cash flowing

Executive Summary

- Prime investment opportunity in the heart of Hoover / Inverness, but with an Unincorporated status
- Undeveloped site is currently cash-flowing thru gravel parking leased to adjacent business
- Lease option available at $24/sf Modified Gross (tenant only responsible for phone / internet) for proposed 7,000 flex space building

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per AC (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $29,470 $25,851.03

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual -
Annual Per AC -
Other Income (CAD)
Annual -
Annual Per AC -
Vacancy Loss (CAD)
Annual -
Annual Per AC -
Effective Gross Income (CAD)
Annual -
Annual Per AC -
Net Operating Income (CAD)
Annual $29,470
Annual Per AC $25,851.03

Property Facts

Price $497,231 CAD
Sale Type Investment
Sale Condition Lease Option
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Office
  • Healthcare
  • Health Club
  • Hold For Investment
  • Lodge or Meeting Hall
  • Medical
  • Parking Lot
  • Religious Facility
  • Warehouse
Total Lot Size 1.14 AC
Zoning O/I - Office / Institutional

1 Lot Available

Lot 4 and 5

Price $497,231 CAD
Price Per AC $436,167.55 CAD
Lot Size 1.14 AC

Level commercial lot(s) with 300 feet combined frontage on Valleydale Rd Prime location in the middle of Inverness / Hoover area, but UNINCORPORATED Shelby County Zoning is O/I (Office / Institutional) offering a wide range of development opportunity

Description

- Listing is for two COMBINED Lots: 5105 Cyrus Cir. - "Lot 5" - Parcel 10 1 11 0 001 010.005 (0.5 AC), and 5109 Cyrus Cir. - "Lot 4" - Parcel 10 1 11 0 001 010.006 (0.64 AC). - Property is UNINCORPORATED Shelby County, and zoned O/I (Office / Institutional) - Prime location between major intersections at Caldwell Mill Rd and US-280 - "Lot 5" is currently generating income through parking leased to an adjacent business through July 2027 (option to renew) - Great use case as owner-occupied flex space, creative studio, therapeutic / athletic training space, education, or religious center - All site engineering, surveys, grading plan, and development plan are in hand and included with sale - Lease option at $24/sf (Modified Gross) for Proposed 7,000 new building. 2,000 sf and/or 5,000 sf space available.

Somewhat walkable
30/100
Exceptionally drivable
90/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 10-1-11-0-001-010-004
  • 10-1-11-0-001-010-005
  • 10-1-11-0-001-010-006
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$529,948 CAD
  • Listing ID: 40663993

  • Date on Market: 2026-05-26

  • Last Updated:

  • Address: 5105 Cyrus Cir, Birmingham, AL 35242

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