10221 Highway 119, Alabaster, AL 35007
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.
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
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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.