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    8174 Highway 119 Alabaster, AL 35007

    Sponsored
    For Sale
    $550,000

    1.59 Acres, Hwy 119, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.59-acre commercial land parcel is strategically located at 8174 Hwy 119 in Alabaster, Alabama, within Shelby County (APN: 23-6-23-2-001-038.000, Zip Code: 35007). Offered at $550,000, this property presents a significant opportunity for commercial development. Its prime location benefits from high visibility due to Highway 119's ongoing extensive widening project, making it ideal for businesses seeking increased exposure. The land is contiguous to another 5-acre parcel available for purchase separately, offering potential for expansion or synergistic development. The property's size and location make it particularly suitable for quick-service restaurants (QSRs) or other commercial ventures requiring high traffic visibility. This is a rare opportunity to acquire a well-positioned commercial lot in a rapidly developing area of Alabaster. The property's coordinates are 33.1994716 latitude and -86.8255852 longitude. Serious inquiries are encouraged.

    Property Features for 8174 Highway 119

    General Information

    Property type
    Land
    Lot Size
    69,260 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Alabaster
    County
    Shelby
    State
    Alabama
    Longitude
    -86.8255852
    Latitude
    33.1994716

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    FAQs

    What type of property is this?
    Land - 1.59 Acres, Hwy 119, High Visibility
    Where is this land located?
    The property is located at 8174 Highway 119 Alabaster, AL.
    What is the asking price?
    The asking price for this property is $550,000.
    Request Owner's contact information
    8174 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
    8174 Highway 119 Alabaster, AL 35007
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