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    10221 Highway 119 Alabaster, AL 35007

    For Sale
    $431,000

    0.66 Acres, High-Visibility Alabaster Lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 0.66-acre commercial land parcel, located at 10221 Hwy 119 in Alabaster, Alabama (zip code 35007), presents a compelling investment opportunity. Boasting 235 feet of frontage along the four-lane stretch of Highway 119 South, this property offers unparalleled visibility and accessibility. Situated just north of the Thompson Road intersection, it benefits from its location within a thriving development corridor. The property is zoned B-3, allowing for a diverse range of uses, including retail, restaurant, office, neighborhood business, and medical facilities. All utilities are readily available, simplifying development plans. This prime location and flexible zoning make this a highly desirable site for businesses seeking high-traffic exposure and significant growth potential in the rapidly developing Alabaster area. The asking price is $431,000. This Shelby County land parcel presents a rare chance to acquire a strategically positioned commercial property with excellent development potential.

    Property Features for 10221 Highway 119

    General Information

    Property type
    Land
    Lot Size
    28,750 SF

    HighLights

    • All utilities are available on‑site.
    • Zoned B‑3 (Alabaster).
    • 235 feet of frontage on Highway 119.
    • Excellent visibility and development potential on Highway 119's main corridor.
    • Located just north of Thompson Road on the four‑lane section of Highway 119 South.
    • Suitable for retail, restaurant, office, neighborhood business, or medical uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    -86.822967287592
    Latitude
    33.227696614723

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    FAQs

    What type of property is this?
    Land - 0.66 Acres, High-Visibility Alabaster Lot
    Where is this land located?
    The property is located at 10221 Highway 119 Alabaster, AL.
    What is the asking price?
    The asking price for this property is $431,000.
    What are key features of this property?
    This property features: All utilities are available on-site.; Zoned B-3 (Alabaster).; 235 feet of frontage on Highway 119.
    Request Owner's contact information
    10221 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
    10221 Highway 119 Alabaster, AL 35007
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