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    Property profile & analytics

    Highway 16 Calera, AL 35040

    • Commercial real estate
    • 3.50 lot acres
    For Sale
    View listing
    $289,900
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for Highway 16

    Lot size
    3.50 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 3.5-acre commercial property in Calera, Alabama, presents a rare opportunity for investors and businesses seeking high visibility and convenient access. Located on Highway 16, this strategically positioned lot boasts approximately 400 feet of road frontage, ensuring maximum exposure to a high volume of daily traffic. The property's M1 zoning designation opens the door to a wide range of commercial uses

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Calera
    County
    Shelby
    State
    Alabama
    Longitude
    -86.7637
    Latitude
    33.1085

    Comparable in this City

    • Value Estimation by Request
      1.64 Acres

      4496 I-65

      Land • 1.64 Acres
      4496 I-65, Calera, AL 35040
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    • Value Estimation by Request
      1.36 Acres

      4454 Us-31

      Land • 1.36 Acres
      4454 Us-31, Calera, AL 35040
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    • Value Estimation by Request
      53.90 Acres

      George Roy Pkwy

      Land • 53.90 Acres
      0 George Roy Pkwy, Calera, AL 35040
      View Details
    • Value Estimation by Request
      3.00 Acres

      I-65 - Exit 231

      Land • 3.00 Acres
      I-65 - Exit 231, Calera, AL 35040
      View Details
    • Value Estimation by Request
      2.00 Acres

      I-65 And Hwy

      Land • 2.00 Acres
      I-65 And Hwy, Calera, AL 35040
      View Details
    • Value Estimation by Request
      20.00 Acres

      7100 Al-70

      Land • 20.00 Acres
      7100 Al-70, Calera, AL 35040
      View Details

    Similar Nearby for Sale

    • $18,500,000
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    • Contact for pricing
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      Calera Commerce Park Land Sites

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    • $425,000
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      Calera Commercial Land - Hwy 31

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    Similar Nearby for Lease

    • $6 SF/Yr

      Freezer Cooler Warehouse For Lease

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    • $6 SF/Yr
      247,000 SF

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      Manufacturing properties • 247,000 SF
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      View Details
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    Highway 16
    Calera, AL 35040
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    Realmo Value Estimation

    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.

    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.

    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
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