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    7900 Us-31 Calera, AL 35040

    Sponsored
    For Sale
    $350,000

    Downtown Calera, 0.72 Acres, B2 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.72-acre commercial land parcel in downtown Calera, Alabama, presents a compelling investment opportunity. Located on US-31, directly across from City Hall, this property boasts approximately 225 feet of road frontage and is zoned B2, offering significant development potential. The property includes four lots, identified by APN numbers 28-5-21-1-001-027.000, 28-5-21-1-001-023.000, 28-5-21-1-001-024.000, and 28-5-21-1-001-025.000, and is held in fee simple ownership. A key feature is an existing 1200 square foot office building on one lot, currently generating $1200 in monthly rental income. Access is further enhanced by a 20-foot alley easement, providing additional entry and exit options. The thriving city of Calera offers a dynamic environment for business growth, making this property an ideal investment for entrepreneurs and developers seeking a prime location in a rapidly expanding market. The asking price for this exceptional property is $350,000. Serious inquiries only.

    Property Features for 7900 Us-31

    General Information

    Property type
    Land
    Lot Size
    31,363 SF

    HighLights

    • $350,000 asking price for 0.72 acres of commercial land.
    • Located in downtown Calera, Alabama, on US‑31 across from City Hall.
    • B2 zoning.
    • Includes four parcels (APN: 28‑5‑21‑1‑001‑027.000, 28‑5‑21‑1‑001‑023.000, 28‑5‑21‑1‑001‑024.000, 28‑5‑21‑1‑001‑025.000) with approximately 225 feet of road frontage.
    • Features a 1200 sq ft office building currently leased for $1200/month and a 20‑foot alley easement.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Calera
    County
    Shelby
    State
    Alabama
    Longitude
    -86.752740939794
    Latitude
    33.108405830249

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    FAQs

    What type of property is this?
    Land - Downtown Calera, 0.72 Acres, B2 Zoning
    Where is this land located?
    The property is located at 7900 Us-31 Calera, AL.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: $350,000 asking price for 0.72 acres of commercial land.; Located in downtown Calera, Alabama, on US-31 across from City Hall.; B2 zoning.
    Request Owner's contact information
    7900 Us-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
    7900 Us-31 Calera, AL 35040
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