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    7950 Highway 31 Calera, AL 35040

    For Sale
    $675,000

    Two-suite office building, Hwy 31 frontage

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional 0.34-acre commercial property at 7950 Highway 31 S in Calera, Alabama, presents a unique investment opportunity. The building boasts two well-appointed office suites, each offering ample space and desirable features. Suite A comprises a reception area, conference room, kitchen, six private offices, a sizable work area, extensive storage, and restrooms. Suite B features a reception area, three private offices, an open hallway, a kitchen area, restrooms, and storage closets. Both suites benefit from approximately 10+ parking spaces each. The building enjoys excellent visibility with 103 feet of road frontage on Highway 31, a major thoroughfare with a daily traffic count of 12,304 vehicles. Its B2 zoning allows for flexibility, making it suitable for retail or a small restaurant in addition to its current office configuration. The property's strategic location near Calera City Hall adds to its appeal. Owner financing is available with a substantial down payment, and a lease-back agreement for Suite B is also a possibility, providing additional income potential for the buyer. All showings are by appointment only. This property offers a compelling blend of income potential, location advantages, and operational flexibility, making it an attractive investment prospect.

    Property Features for 7950 Highway 31

    General Information

    Property type
    Office Properties & Spaces
    Lot Size
    14,810 SF

    Building Details

    Year Built
    1970
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Calera
    County
    Shelby
    State
    Alabama
    Longitude
    -86.75288
    Latitude
    33.10732

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    FAQs

    What type of property is this?
    Office Property / Space - Two-suite office building, Hwy 31 frontage
    Where is this office property / space located?
    The property is located at 7950 Highway 31 Calera, AL.
    What is the asking price?
    The asking price for this property is $675,000.
    (205) 694-0300
    Request Owner's contact information
    7950 Highway 31 Calera, AL 35040
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    Calera, AL 35040
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    Realmo Value Estimation

    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.

    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.

    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
    7950 Highway 31 Calera, AL 35040
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