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    Highway 31 Calera, AL 35040

    • Commercial real estate
    • 3.96 lot acres
    For Sale
    View listing
    $425,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for Highway 31

    Lot size
    3.96 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 3.96-acre commercial lot presents a remarkable opportunity for entrepreneurs seeking a high-visibility location in the thriving city of Calera, Alabama. Situated directly off Highway 31, a major thoroughfare, this property enjoys exceptional exposure to a high volume of daily traffic. The B2 zoning designation opens doors to a wide range of business ventures, though all development plans require approval from the Calera Planning & Zoning Board. Prospective buyers should note that the existing sewer line terminates at Tree Haven Lane

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Calera
    County
    Shelby
    State
    Alabama
    Longitude
    -86.7531
    Latitude
    33.1027

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      1017 13th St

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      Oliver Park

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      Robert Thomas Dr

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      0 Robert Thomas Dr, Calera, AL 35040
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    Similar Nearby for Sale

    • $18,500,000
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    • Contact for pricing
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      Calera Commerce Park Land Sites

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    • Contact for pricing
      28.96 Acres

      Prime Calera Commercial Land

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    Similar Nearby for Lease

    • $6 SF/Yr

      Freezer Cooler Warehouse For Lease

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      3536 Us-31

      Manufacturing properties • 247,000 SF
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      View Details
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    Highway 31
    Calera, AL 35040
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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