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Property profile & analytics
OFF-MARKET
Industrial properties

786 Us-31 Alabaster, AL 35007

7,500 SF 3.11 ac lot
Property ID
Property summary
AI-generated overview

This exceptional Alabaster, Alabama property presents a rare investment opportunity. Located at 786 US-31, Shelby County, zip code 35007, this industrial flex space boasts a total area of 7,500 to 8,500 square feet, distributed across two buildings. Situated on a generous 3.11-acre lot, the property offers significant flexibility due to its unzoned status. Previously used as a business, it features a warehouse/flex space and a home office, making it ideal for a variety of uses. The property enjoys excellent access to Highway 31 South, less than two miles from I-65S exit 238, benefiting from high traffic counts averaging approximately 21,000 vehicles per day on Hwy 31 and approximately 84,000 vehicles per day on the nearby exit. Potential uses include, but are not limited to, auto service, contractor space, office space, mini-storage, or a car lot. The site is pad-ready, minimizing development costs and accelerating occupancy. Asking price is $894,900. This is a truly unique opportunity to acquire a versatile property in a prime location with high visibility and significant development potential.

Property profile
Verified
Property type Industrial properties
Total area 7,500 SF
Lot 3.11 ac (135,472 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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