10230 Highway 119, Alabaster, AL 35007
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.
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.