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

    20 Mill Creek Road Warrior, AL 35180

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $950,000

    Cleared 8.4-acre development site with utilities and road frontage.

    Type:Commercial/Industrial
    Lot size:
    8.40 Acres
    Added:
    May 31, 2025
    Days on Market:
    322
    Last Refresh:
    Apr 7 at 10:01 pm

    Property Features for 20 Mill Creek Road

    General Information

    Standard status
    Active
    Lot size
    8.40 Acres
    Property subtype
    Commercial/Industrial

    We can help!

    Listing Contact
    Darlene Calhoun

    Listing agent Darlene Calhoun License #52097

    Listing office Home Places Realty

    Listing date May 31, 2025

    Source Exitrealty

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Home Places Realty

    Overview

    Prime Development Land I-65 Exit

    This 8.4-acre development property is located directly off I-65 Northbound at Exit 287 (Blount Springs exit). The site, formerly the location of Rock Creek Church of Christ, was cleared following a fire in December 2024. The property presents a development opportunity for various uses, including a church building, doctor's office, retail space, gas station, or restaurant. Utilities are available on site, along with septic and road frontage. This property offers a rare opportunity to acquire development land at an Interstate 65 exit and major Highway 31.
    Location Intelligence

    Current Use by Public Records

    Rock Creek Church ... Church

    Suggested Use

    Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Warrior
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.847785
    Latitude
    33.890863

    Nearby Similar for Sale

    • $950,000

      Prime Development Land I-65 Exit

      8.4 acres of cleared land at I-65 exit.
      20 MILL CREEK ROAD, WARRIOR, AL 35180
      View Details
    • $350,000
      7,500 SF

      Versatile Commercial Property Near I-65

      4-acre commercial/industrial property with building, ideal for various business operations.
      765 Hart Circle, WARRIOR, AL 35180
      View Details
    • $70,000

      4.2 Acres Usable Land

      4.2 acres of usable land in a private, wooded setting.
      0 LONG LEAF TRAIL, WARRIOR, AL 35180
      View Details
    • $33,900

      2.8-Acre Buildable Lot in Warrior

      2.8-acre lot in Warrior, AL, ideal for a dream home.
      0 Mill Creek Rd, Warrior, AL 35180
      View Details
    • $150,000
      2,030 SF

      Main Street Automotive Shop

      Former automotive shop suitable for retail or restaurant redevelopment.
      105 2nd St E, Warrior, AL
      View Details
    • $219,900

      Prime Commercial Property I-65 Access

      High-visibility commercial property with I-65 access in growing corridor.
      355 Hwy 160, Warrior, AL 35180
      View Details
    • $20,000

      Land in Warrior, Alabama

      2.14 +/- acre land parcel suitable for residential construction.
      0 VALLEY Ln, Warrior, AL 35180
      View Details
    • $60,000

      Residential Land in Warrior, Alabama

      Two lots totaling 2.6 acres in a quiet, rural subdivision.
      0 ASHBURY DRIVE, WARRIOR, AL 35180
      View Details
    • $90,000

      15 Acres in Hayden District

      15 wooded acres in Warrior, AL, Hayden School District.
      0 THOMAS ROAD, WARRIOR, AL 35079
      View Details
    • $12,000

      Residential Land in Warrior, AL

      2.85 acres of residential land split on both sides.
      740 Westwood Dr, Warrior, AL 35180
      View Details
    • $58,900

      Mountain Woods Lake Land Parcel

      Three combined lots near Mountain Wood Lake with lake access.
      67 Broadwater Drive LOT 11A, WARRIOR, AL 35180
      View Details
    • $24,998

      Residential Acreage in Warrior, AL

      3.2 acres in Smokerise subdivision, ideal for dream home.
      0 VALLEY CIRCLE, WARRIOR, AL 35180
      View Details

    FAQs

    What type of property is this?
    Commercial land - Cleared 8.4-acre development site with utilities and road frontage.
    Where is this commercial land located?
    The property is located at 20 Mill Creek Road Warrior, AL.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: Prime development property directly off Interstate 65 (Exit 287).; Utilities and septic system are already on site.; Significant road frontage on both I‑65 exit and Highway 31.
    (205) 585-0012
    We can help!
    Listing Contact
    Darlene Calhoun
    Real Estate License ID: 52097
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!