Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Jasper, AL 35504
    Back to Search
    Property profile & analytics

    Jasper, AL 35504

    View on Map
    • Commercial real estate
    For Sale
    $3,000,000
    View Listing →
    Jasper Industrial Parkway Land For Sale
    $3,000,000

    Jasper Industrial Parkway Land

    Prime Development Opportunity: 20+ Acres

    Jasper, AL 35504
    View Listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details

    Property type
    Commercial real estate

    Description

    This exceptional 20+ acre commercial property presents a unique investment opportunity in Jasper, Alabama. Strategically located along Industrial Parkway, this parcel boasts over 2000 feet of prime frontage, offering unparalleled visibility and accessibility. Its proximity to Birmingham, within a 30-minute commute, makes it an ideal location for a variety of businesses seeking a strategic foothold in a rapidly growing area. The expansive acreage allows for significant development potential, catering to a wide range of commercial ventures. The seller is willing to consider dividing the property, providing flexibility for smaller-scale projects or partnerships. This presents a rare chance to acquire a substantial land holding in a high-demand location with excellent infrastructure and convenient access to a major metropolitan area. The property's size and location make it suitable for a diverse range of commercial uses, from light industrial to retail, and offers significant long-term growth potential. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The asking price is $3,000,000. The seller is open to discussing potential divisions of the property to accommodate various development plans. This is a truly exceptional opportunity for investors and developers seeking a prime location in a thriving market. Don't miss out on this chance to secure a significant piece of Jasper's commercial landscape.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Jasper
    County
    Walker
    State
    Alabama
    Longitude
    -87.1347
    Latitude
    33.8184

    Comparable in this City

    • Value Estimation by Request

      Pine Dr

      Commercial real estate
      Pine Dr, Jasper, AL 35504
      View Details
    • Value Estimation by Request
      8,644 SF

      310 The Mall Way

      Commercial real estate • 8,644 SF
      310 The Mall Way, Jasper, AL 35504
      View Details
    • Value Estimation by Request
      1.30 Acres

      101 Industrial Blvd

      Commercial real estate • 1.30 Acres
      101 Industrial Blvd, Jasper, AL 35504
      View Details
    • Value Estimation by Request
      6.20 Acres

      301 Airport Rd

      Commercial real estate • 6.20 Acres
      301 Airport Rd, Jasper, AL 35504
      View Details
    • Value Estimation by Request
      0.40 Acres

      75 Marylee Rd

      COMMERCIAL (GENERAL) • 0.40 Acres
      75 Marylee Rd, Jasper, AL 35504-3646
      View Details
    • Value Estimation by Request
      26.00 Acres

      27499 Al-69

      Farms • 26.00 Acres
      27499 Al-69, Jasper, AL 35504
      View Details

    Similar Nearby for Sale

    • $3,000,000

      Jasper Industrial Parkway Land

      Prime Development Opportunity: 20+ Acres
      Jasper, AL 35504
      View Details
    • $980,000
      1,870 SF

      Jasper Commercial Property - 16.8 Acres

      Prime Commercial Land, Large Shop, Home Included
      349 Knight Rd / Al 69 Hwy, Jasper, AL 35504
      View Details
    • Contact for pricing

      Mountainside Apartments: Value-Add Opportunity

      56-unit apartment community in Jasper, AL with revenue upside.
      19 Mountainside Cir, Jasper, AL 35504
      View Details
    • Contact for pricing

      Smith Lake Offshore Lot

      Offshore lot near Grand View Marina in Curry Community.
      35 Ivey Ln, Jasper, AL 35504
      View Details
    • $275,000
      12.00 Acres

      Residential Land in Gated Community

      12 acre residential land in Jasper, Alabama gated community.
      746 Golf Course Rd, Jasper, AL 35504
      View Details
    • $34,500

      Land For Sale, Jasper, AL

      Residential land suitable for building a home in Jasper, Alabama.
      30 14Th Ave, Jasper, AL 35504
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Jasper, AL 35504
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Jasper, AL, 35504
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!