I-65 - Exit 231 Calera, AL 35040
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.
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
Similar Nearby for Lease
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.