Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    6678 OLD HIGHWAY 31 Gardendale, AL 35071

    View on Map
    Claim this Listing
    Picture of Commercial land at 6678 OLD HIGHWAY 31, Gardendale, AL
    For Sale
    $185,000

    Other - GARDENDALE, AL

    Lot size:
    1.74 Acres
    Added:
    Jan 30, 2025
    Days on Market:
    457
    Last Refresh:
    May 2 at 10:06 pm

    Property Features for 6678 OLD HIGHWAY 31

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    1.74 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Brian Lewis
    Brian Lewis

    Listing agent Brian Lewis

    Listing office Keller Williams Metro North 651 Main Street, Ste. 115, Gardendale, AL

    Listing date Jan 30, 2025

    MLS# 21415077 Listing URL

    Copyright © 2026 Greater Alabama MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    GARDENDALE, AL Commercial Land

    This 1.74-acre commercial land is located in GARDENDALE, Alabama, Jefferson County. The property is situated on OLD HIGHWAY 31 and may be suitable for businesses seeking increased exposure and traffic.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Building Supply Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Gym & Fitness Center Department Store Kitchen & Bath Showroom Food Market Grocery & Convenience Store Storage Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gardendale
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.819072
    Latitude
    33.703642

    Nearby Similar for Sale

    • $360,000

      Retail Opportunity in Gardendale, AL

      Retail or office building centrally located in Gardendale, Alabama.
      112 W TARRANT DRIVE, GARDENDALE, AL 35071
      View Details
    • $199,999

      Church Building with Event Potential

      Well-maintained church with event space potential in North Jefferson.
      2436 EBENEZER LANE, GARDENDALE, AL 35071
      View Details
    • $169,900

      GARDENDALE, AL Commercial Land

      Commercial land in a rapidly growing community, zoned C-1.
      6776 OLD HIGHWAY 31, GARDENDALE, AL 35071
      View Details
    • $800,000

      GARDENDALE Land For Sale

      9.01 acres of commercial land with 180 feet frontage.
      967 FIELDSTOWN ROAD, GARDENDALE, AL 35071
      View Details
    • $780,900

      Gardendale Land with Recreational Potential

      137 acres of land perfect for hunting and recreation.
      2140 Glovers Bend Road, Gardendale, AL 35071
      View Details
    • $360,000
      2,266 SF

      Retail/Office Building in Gardendale

      Retail or office building centrally located in Gardendale, Alabama.
      112 W Tarrant Drive, GARDENDALE, AL 35071
      View Details
    • $29,000

      Residential Lot in Gardendale, AL

      Residential lot with basement in place in Gardendale, Alabama.
      268 ECHOLS ROAD, GARDENDALE, AL 35071
      View Details
    • $375,000
      1,800 SF

      High-Traffic Commercial Property Available

      Two commercial lots in high-growth area with leases in place.
      501 Tarrant Road, GARDENDALE, AL 35071
      View Details
    • $295,000
      2,790 SF

      Commercial Property with High Visibility

      Established commercial property with high traffic and multiple business opportunities.
      442 Tarrant Road, GARDENDALE, AL 35071
      View Details
    • $1,322,100

      288 Acres Recreational Land For Sale

      288-acre outdoor paradise with river frontage near Birmingham, Alabama.
      3216 Glovers Bend Road, Gardendale, AL 35071
      View Details
    • $25,000

      Acreage in Gardendale, Alabama

      2.23-acre lot in a great neighborhood, priced to sell.
      1201 MOUNT OLIVE ROAD, GARDENDALE, AL 35071
      View Details
    • $899,900

      Prime Development Opportunity in Gardendale

      Development opportunity near Bill Noble Park and I-65.
      2108 Decatur Highway, GARDENDALE, AL 35071
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial land available in GARDENDALE, AL, Jefferson County.
    Where is this commercial land located?
    The property is located at 6678 OLD HIGHWAY 31 Gardendale, AL.
    What is the asking price?
    The asking price for this property is $185,000.
    What are key features of this property?
    This property features: Excellent location for business exposure and traffic.; Prime location.
    (205) 915-3497
    We can help!
    Listing Contact
    Brian Lewis
    Brian Lewis
    Real Estate License ID: 70818
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    6678 OLD HIGHWAY 31, GARDENDALE, AL 35071

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!