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    Highway 16 Calera, AL 35040

    For Sale
    $289,900

    M1 Zoned, 3.5 Acres, High Traffic

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 3.5-acre commercial property in Calera, Alabama, presents a rare opportunity for investors and businesses seeking high visibility and convenient access. Located on Highway 16, this strategically positioned lot boasts approximately 400 feet of road frontage, ensuring maximum exposure to a high volume of daily traffic. The property's M1 zoning designation opens the door to a wide range of commercial uses

    Property Features for Highway 16

    General Information

    Property type
    Other commercial real estate
    Lot Size
    152,460 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Calera
    County
    Shelby
    State
    Alabama
    Longitude
    -86.76374
    Latitude
    33.10854

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    FAQs

    What type of property is this?
    Commercial real estate - M1 Zoned, 3.5 Acres, High Traffic
    Where is this commercial real estate located?
    The property is located at Highway 16 Calera, AL.
    What is the asking price?
    The asking price for this property is $289,900.
    (205) 694-0300
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    Highway 16 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
    Highway 16 Calera, AL 35040
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