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    7037 Highway 31 Calera, AL 35040

    • Commercial land
    • 0.75 lot acres
    For Sale
    View listing
    $109,900
    Value Estimation
    Location Intelligence
    Property ID
    US03-0878819
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial land

    Property Details for 7037 Highway 31

    Lot size
    0.75 lot acres
    Property type
    Commercial land
    APN
    285160000009002
    APU
    285160000009002

    Description

    This exceptional 0.75-acre commercial lot, located at 7037 HIGHWAY 31 in Calera, Alabama, presents a unique investment opportunity. Boasting a highly desirable B2 zoning classification and pre-approved plans by Calera Zoning & Planning, this property is ready for immediate development. The lot features an impressive 161 feet of road frontage on Highway 31, ensuring exceptional visibility and accessibility for any business. A completed survey is readily available for review. The strategic location guarantees high traffic volume throughout the day, providing significant exposure to potential customers. Its proximity to Interstate 65 (both north and south) offers convenient access for employees and clients, while major shopping centers and Downtown Birmingham are within a 30-minute commute (depending on traffic conditions). This prime location combines high visibility, convenient access, and development-ready zoning, making it an ideal site for a variety of commercial ventures. Don't miss this chance to secure a thriving commercial property in a rapidly growing area. The asking price is $109,900.

    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
    -86.753
    Latitude
    33.1195
    CBSA code
    13820
    CBSA name
    BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $530
    $0.00
    $0.00
    $9,820
    -
    $49,010
    $0.00
    $49,010

    Comparable in this City

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      0.87 Acres

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      VACANT COMMERCIAL LAND • 0.87 Acres
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    Similar Nearby for Sale

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    • Contact for pricing

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    Similar Nearby for Lease

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    7037 Highway 31
    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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