7037 Hwy 31 Calera, AL 35040-5169
This exceptional 0.75-acre commercial lot, located at 7037 HIGHWAY 31 in Calera, Alabama, presents a unique investment opportunity. Boasting a highly desirable B2 zoning classification and pre-approved plans by Calera Zoning & Planning, this property is ready for immediate development. The lot features an impressive 161 feet of road frontage on Highway 31, ensuring exceptional visibility and accessibility for any business. A completed survey is readily available for review. The strategic location guarantees high traffic volume throughout the day, providing significant exposure to potential customers. Its proximity to Interstate 65 (both north and south) offers convenient access for employees and clients, while major shopping centers and Downtown Birmingham are within a 30-minute commute (depending on traffic conditions). This prime location combines high visibility, convenient access, and development-ready zoning, making it an ideal site for a variety of commercial ventures. Don't miss this chance to secure a thriving commercial property in a rapidly growing area. The asking price is $109,900.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.