31 Us Hwy Alabaster, AL 35007
This exceptional 118-acre industrial and farm property, located on US Highway 31 in Alabaster, Alabama (zip code 35007), presents a rare development opportunity in the Birmingham Metro area. Recently zoned M-1 and annexed into the city of Alabaster, this flat site boasts unparalleled access to major transportation arteries, with three interstate access points all within a three-mile radius. The property is ideally suited for a variety of industrial uses, given its size and convenient location. All necessary due diligence has been completed, including a survey, geotechnical studies, Phase I environmental assessment, and wetlands assessment, streamlining the development process for potential buyers. This comprehensive due diligence package eliminates significant upfront costs and time delays, making this a truly turnkey investment opportunity. The asking price for this expansive tract is $7,200,000. Situated in Shelby County, this property offers a unique blend of accessibility and potential, making it an attractive proposition for discerning investors and developers seeking a strategic foothold in a thriving Alabama market. The property's location offers significant advantages for businesses requiring efficient logistics and distribution networks.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.