566 1St St, Alabaster, AL 35007
This exceptional 2.11-acre (91,848 square foot) Class A retail land parcel presents a prime build-to-suit opportunity in Alabaster, Alabama. Located at 566 1st St N, 35007, this property boasts 250 feet of frontage and is ideally situated near the intersection of 1st Street North and 2nd Street Northeast in Shelby County. Its strategic location adjacent to Shelby Baptist Medical Center, a 252-bed facility treating over 51,000 ER patients annually, ensures high visibility and significant foot traffic. The site benefits from easy access to major transportation arteries, including US 31 and I-65, further enhancing its appeal to a wide range of businesses. The property is zoned for multiple uses, including retail, quick-service restaurants (QSR), gas stations, car washes, and fast food establishments. With an average annual daily traffic (AADT) of 26,114 on US 31, this location offers unparalleled exposure and potential for substantial returns. Utilities, including power, are available. This is an exceptional opportunity for developers seeking a high-impact location with strong demographics and convenient access to major roadways.
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.