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    10052 Highway 119 Alabaster, AL 35007

    For Sale
    $4,800,000

    7.3 Acres, B-3 Zoning, $4.8M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 7.3-acre commercial land parcel presents a remarkable investment opportunity in Alabaster, Alabama. Located at 10052 Hwy 119, this prime corner property boasts approximately 575 feet of frontage on Highway 119, ensuring unparalleled visibility and accessibility. The property is situated in the heart of the Alabaster Overlay District, benefiting from a high traffic count exceeding 30,000 vehicles daily. Its strategic location directly across from the future Alabaster Recreational Complex and a planned retail development promises significant future growth and value appreciation. The B-3 zoning designation allows for a wide range of commercial uses, providing flexibility for diverse development plans. All utilities are readily available, simplifying the development process. This property's exceptional location, combined with its size and zoning, makes it an ideal site for a variety of commercial ventures, capitalizing on the area's robust growth and high traffic volume. The asking price is $4,800,000. This is a rare opportunity to acquire a highly visible and strategically located commercial land parcel in a thriving Alabama community. The Shelby County address is 10052 Hwy 119, Alabaster, AL 35007.

    Property Features for 10052 Highway 119

    General Information

    Property type
    Land
    Lot Size
    317,988 SF

    HighLights

    • All utilities available.
    • B‑3 zoning.
    • Corner lot with approximately 575 feet of Hwy 119 frontage.
    • High visibility corner location at Thompson Road and Hwy 119 in Alabaster's Overlay District.
    • Across from a planned recreational complex and retail development.
    • 30,000+ daily traffic count.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quality Innovations LLC House Cleaning Service Nationwide Insurance: Bentley ... Insurance Agency Cornerstone Tree Service, ... Tree Service X3 Construction Contractor 1 Percent Lists ... Real Estate Agency

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Alabaster
    County
    Shelby
    State
    Alabama
    Longitude
    -86.8228578
    Latitude
    33.2257109

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    FAQs

    What type of property is this?
    Land - 7.3 Acres, B-3 Zoning, $4.8M
    Where is this land located?
    The property is located at 10052 Highway 119 Alabaster, AL.
    What is the asking price?
    The asking price for this property is $4,800,000.
    What are key features of this property?
    This property features: All utilities available.; B-3 zoning.; Corner lot with approximately 575 feet of Hwy 119 frontage.
    Request Owner's contact information
    10052 Highway 119 Alabaster, AL 35007
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    Alabaster, AL 35007
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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
    10052 Highway 119 Alabaster, AL 35007
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