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    OFF-MARKET
    Land

    10230 Highway 119, Alabaster, AL 35007

    1.27 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.27-acre commercial land parcel, located at 10230 Hwy 119 N in Alabaster, Alabama (zip code 35007), presents a compelling investment opportunity. Priced at $830,000, this property boasts 253 feet of frontage along the four-lane portion of Highway 119 North, just north of the Thompson Road intersection. Its prime location within the 119 development corridor ensures excellent visibility and accessibility. The property is zoned B-3, allowing for a variety of uses, including retail, restaurant, office, neighborhood business, and medical facilities. All utilities are readily available, making development straightforward and efficient. This strategically located lot offers significant potential for developers seeking high-impact commercial projects in a thriving Alabaster, Shelby County market. The substantial frontage and B-3 zoning provide considerable flexibility for a range of commercial ventures, capitalizing on the high traffic volume and visibility of this key location. This is a rare opportunity to acquire a well-positioned commercial lot with significant development potential.

    Property profile
    Verified
    Property type Land
    Lot 1.27 ac (55,321 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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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