10261 Highway 119 Alabaster, AL 35007
This exceptional 1.5-acre commercial property in Alabaster, Alabama, presents a unique investment opportunity. Located at 10261 Highway 119, this listing encompasses two parcels sold together and is zoned B-3 commercial, allowing for a wide range of development possibilities. The property benefits from its strategic location, less than two miles from the new Thompson High School campus and the future Thompson Middle School zone, capitalizing on the significant population growth in this area. Shelby County, Alabama, boasts impressive growth statistics, ranking among the fastest-growing counties nationally, according to the U.S. Census Bureau. This high-traffic area boasts a road count of 25,640, indicating substantial potential for commercial success. The property's proximity to established residential areas and new educational facilities ensures a strong and expanding customer base. This prime location, combined with the favorable zoning and the county's robust growth trajectory, makes this a compelling investment for discerning buyers seeking a foothold in one of Alabama's most dynamic markets. The combined parcels offer significant development potential, making this an ideal opportunity for long-term growth and return.
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.