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    OFF-MARKET
    Land

    10221 Highway 119, Alabaster, AL 35007

    0.66 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 0.66-acre commercial land parcel, located at 10221 Hwy 119 in Alabaster, Alabama (zip code 35007), presents a compelling investment opportunity. Boasting 235 feet of frontage along the four-lane stretch of Highway 119 South, this property offers unparalleled visibility and accessibility. Situated just north of the Thompson Road intersection, it benefits from its location within a thriving development corridor. The property is zoned B-3, allowing for a diverse range of uses, including retail, restaurant, office, neighborhood business, and medical facilities. All utilities are readily available, simplifying development plans. This prime location and flexible zoning make this a highly desirable site for businesses seeking high-traffic exposure and significant growth potential in the rapidly developing Alabaster area. The asking price is $431,000. This Shelby County land parcel presents a rare chance to acquire a strategically positioned commercial property with excellent development potential.

    Property profile
    Verified
    Property type Land
    Lot 0.66 ac (28,750 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
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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