1314 1st N St Alabaster, AL 35007-8773
This exceptional commercial property, located at 1314 1st Street N in Alabaster, Alabama, presents a unique investment opportunity. Boasting 0.39 acres of land and an impressive 150 feet of road frontage along Highway 31, this property offers unparalleled visibility and accessibility. Situated conveniently north of the local hospital, it benefits from high traffic volume and a strong local demographic. The property is zoned commercial, ensuring flexibility for a variety of business ventures. The existing structure includes a dedicated office area, perfect for administrative functions, and a substantial shop/garage space, ideal for storage, workshops, or light industrial uses. Two half-bathrooms are conveniently located within the building. Easy access to interstate highways further enhances the property's strategic location, making it an attractive option for businesses seeking convenient transportation links. The asking price for this prime commercial real estate is $300,000. This property is ready for immediate occupancy and presents a compelling opportunity for entrepreneurs and investors alike. Don't miss this chance to secure a highly visible and strategically located commercial property in a thriving Alabaster community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.