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    I-65 - Exit 231 Calera, AL 35040

    For Sale
    Contact for pricing

    High-traffic commercial lots near I-65.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional commercial land offering in Calera, Alabama, presents a unique investment opportunity. Situated conveniently off I-65 Exit 231 (Highway 31), this property boasts two distinct lots ideal for various commercial developments. The high-traffic location, popular with beach travelers, ensures significant visibility and customer access. Lot 1, approximately one acre, is strategically positioned between an Arby's and a Waffle House, making it perfect for retail or service businesses seeking high visibility and established neighboring businesses. Its prime location guarantees a steady stream of potential customers. Lot 2, encompassing approximately 2.5 acres, offers ample space for larger-scale projects, such as a hotel development. This lot is situated at the rear of the property, providing potential for a development that complements the existing retail presence. The entire property is located in Shelby County, Alabama, with a zip code of 35040, and is easily accessible from the I-65 corridor. The proximity to QuickTrip and other major establishments further enhances the property's appeal and potential for success. This is a rare opportunity to acquire prime commercial land in a high-growth area with excellent visibility and accessibility. The total acreage spans between three and four acres.

    Property Features for I-65 - Exit 231

    General Information

    Property type
    Land
    Lot Size
    130,680 SF

    HighLights

    • Two lots totaling 3‑4 acres of commercial land in Calera, AL, near I‑65 Exit 231.
    • High‑traffic location off Highway 31, ideal for retail or service businesses.
    • Lot 1 (approx. 1 acre) sits between Arby's and Waffle House, offering high visibility.
    • Lot 2 (approx. 2.5 acres) suitable for larger developments like hotels.
    • Located in Shelby County, AL, zip code 35040, with easy I‑65 access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Calera
    County
    Shelby
    State
    Alabama
    Longitude
    -86.7215175
    Latitude
    33.1034486

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    FAQs

    What type of property is this?
    Land - High-traffic commercial lots near I-65.
    Where is this land located?
    The property is located at I-65 - Exit 231 Calera, AL.
    What are key features of this property?
    This property features: Two lots totaling 3-4 acres of commercial land in Calera, AL, near I-65 Exit 231.; High-traffic location off Highway 31, ideal for retail or service businesses.; Lot 1 (approx. 1 acre) sits between Arby's and Waffle House, offering high visibility.
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    I-65 - Exit 231 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
    I-65 - Exit 231 Calera, AL 35040
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