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    123 Highway 119 Alabaster, AL 35007

    Sponsored
    For Sale
    $395,000

    High-visibility lot, excellent location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.6-acre commercial lot is ideally situated on Highway 119 in Alabaster, Alabama, offering unparalleled visibility and accessibility. Zoned B-3 within the Alabaster Overlay District, this property boasts all available utilities and presents a remarkable opportunity for developers and investors. The lot's prime location directly across from the new Alabaster Police Station and two blocks from the new City Hall ensures high traffic and strong community presence. With an estimated daily traffic count exceeding 30,000 vehicles, this property guarantees significant exposure for any commercial venture. The 0.6-acre size provides ample space for a variety of development possibilities, making it an attractive investment in a thriving Alabama community. The asking price is $395,000. The property address is 123 Hwy 119, Alabaster, AL 35007, located in Shelby County. This is a rare opportunity to acquire a high-traffic, highly visible commercial lot in a rapidly growing area. Don't miss out on this exceptional investment prospect.

    Property Features for 123 Highway 119

    General Information

    Property type
    Land
    Lot Size
    26,136 SF

    HighLights

    • 0.6‑acre commercial lot.
    • All utilities available.
    • Alabaster B‑3 zoning.
    • Highway 119 frontage with excellent visibility.
    • Prime location across from the Alabaster Police Station and two blocks from City Hall, in the Alabaster Overlay District.
    • High traffic count exceeding 30,000 vehicles daily.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -86.7919009
    Latitude
    33.2288218

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    FAQs

    What type of property is this?
    Land - High-visibility lot, excellent location.
    Where is this land located?
    The property is located at 123 Highway 119 Alabaster, AL.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: 0.6-acre commercial lot.; All utilities available.; Alabaster B-3 zoning.
    Request Owner's contact information
    123 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
    123 Highway 119 Alabaster, AL 35007
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