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Property profile

7950 Highway 31 Calera, AL 35040

OFF-MARKET
Office Spaces
0.34 ac lot Built 1970
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Property summary

AI-generated overview

This exceptional 0.34-acre commercial property at 7950 Highway 31 S in Calera, Alabama, presents a unique investment opportunity. The building boasts two well-appointed office suites, each offering ample space and desirable features. Suite A comprises a reception area, conference room, kitchen, six private offices, a sizable work area, extensive storage, and restrooms. Suite B features a reception area, three private offices, an open hallway, a kitchen area, restrooms, and storage closets. Both suites benefit from approximately 10+ parking spaces each. The building enjoys excellent visibility with 103 feet of road frontage on Highway 31, a major thoroughfare with a daily traffic count of 12,304 vehicles. Its B2 zoning allows for flexibility, making it suitable for retail or a small restaurant in addition to its current office configuration. The property's strategic location near Calera City Hall adds to its appeal. Owner financing is available with a substantial down payment, and a lease-back agreement for Suite B is also a possibility, providing additional income potential for the buyer. All showings are by appointment only. This property offers a compelling blend of income potential, location advantages, and operational flexibility, making it an attractive investment prospect.

Property profile

Verified
Property type Office Spaces
Year built 1970
Lot 0.34 ac (14,810 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7950 Highway 31 Calera, AL 35040
Calera metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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