1007 Highway 31 Alabaster, AL 35007
This exceptional free-standing, single-tenant retail and office building, located at 1007 Highway 31 in Alabaster, Alabama, presents a rare opportunity. The 4,860 square foot building, constructed in 1993, boasts a desirable two-story design with a brick exterior and a metal roof. Currently vacant, this property offers immediate occupancy for a business seeking high profile exposure. Situated on a level lot with ample room for potential expansion, the building benefits from excellent ingress and egress via a median cut. Its strategic location directly on Highway 31 ensures high traffic visibility, with a daily traffic count of 30,330 vehicles. The property's proximity to Baptist Medical Center further enhances its appeal. This well-maintained building offers a fantastic chance to establish a thriving business in a high-demand area of Shelby County, Alabama. The zip code is 35007. The building is in excellent condition and presents a strong investment opportunity. This is a truly unique chance to secure a prominent location in a thriving community.
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.