7950 Highway 31 Calera, AL 35040
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.
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.