566 1st Street North Alabaster, AL 35007

Listing office Cushman & Wakefield / EGS Commercial Real Estate c***@egsinc.com Show Phone

Listing date Jul 4, 2026

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Investment Insights

Based on property information with market context.

566 1st Street North is a prime outparcel offering a versatile site for land and retail investors. The property is presented as suitable for retail ventures and innovative land development projects, with potential options noted as for sale, ground lease, or BTS.

The site is positioned adjacent to Baptist Health Shelby Hospital and is described as having easy access to US 31 and I-65, along with nearby retail amenities. The property is marketed as having ample space and high visibility within the Alabaster area.

As offered, this is a straightforward opportunity to acquire or structure development near a major healthcare anchor, with access to major roadways highlighted in the listing materials.

Key Highlights

• Prime outparcel for sale with proposed BTS/ground lease potential next to Baptist Health Shelby Hospital
• Convenient access to US 31 and I‑65
• Located in the Alabaster area with nearby retail amenities

Property Analytics

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FAQs

What type of property is this?

Commercial land - Prime outparcel for sale with proposed BTS/ground lease potential adjacent to Baptist Health Shelby Hospital.

Where is this commercial land located?

The property is located at 566 1st Street North Alabaster, AL.

What is the asking price?

The asking price for this property is $1,000,000.

What are key features of this property?

This property features: Prime outparcel for sale with proposed BTS/ground lease potential next to Baptist Health Shelby Hospital; Convenient access to US 31 and I‑65; Located in the Alabaster area with nearby retail amenities