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    5929 Us-31 Calera, AL 35040

    For Sale
    $250,000

    1.2-Acre Commercial/Industrial Lot, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 1.2-acre commercial/industrial land parcel presents a unique investment opportunity in Calera, Alabama. Located at 5929 US-31, Shelby County, zip code 35040 (APN 28 2 09 0 001 012.000), this property boasts approximately 162 feet of frontage on Highway 31 and approximately 160 feet of frontage on Highway 213. The asking price is $250,000. Zoned for commercial use, this developable land offers excellent visibility and accessibility, situated just minutes from the I-65 corridor, a major transportation artery. Its strategic location provides convenient access to key areas: 15 minutes from I-459, 27 minutes from downtown Birmingham, and 45 minutes from Montgomery. This rapidly developing area is experiencing significant growth, making this property an attractive investment for businesses seeking a prominent location. Note that an adjoining 1.68-acre parcel is also available. This property is ideal for a variety of commercial or industrial uses. Contact us today to learn more about this exceptional opportunity.

    Property Features for 5929 Us-31

    General Information

    Property type
    Land
    Lot Size
    52,272 SF

    HighLights

    • 1.2‑acre lot priced at $250,000, offering approximately 162 feet of frontage on Highway 31 and 160 feet on Highway 213.
    • Centrally located, 15 minutes from I‑459.
    • 27 minutes from Downtown Birmingham.
    • 45 minutes from Montgomery, situated on a major I‑65 corridor; a rapidly growing area.
    • Adjacent 1.68‑acre parcel also available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Calera
    County
    Shelby
    State
    Alabama
    Longitude
    -86.7504134
    Latitude
    33.1361389

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    FAQs

    What type of property is this?
    Land - 1.2-Acre Commercial/Industrial Lot, Prime Location
    Where is this land located?
    The property is located at 5929 Us-31 Calera, AL.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: 1.2-acre lot priced at $250,000, offering approximately 162 feet of frontage on Highway 31 and 160 feet on Highway 213.; Centrally located, 15 minutes from I-459.; 27 minutes from Downtown Birmingham.
    Request Owner's contact information
    5929 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
    5929 Us-31 Calera, AL 35040
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