Technical
Financial
Distress signals
Property profile

281 Commercial Ct Alabaster, AL 35007

OFF-MARKET
Retail properties & Spaces
Property ID
US03-0953705
2,970 SF 3.87 ac lot Built 2003
Entity Owned 3-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Retail properties & Spaces
Use group SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built 2003
Construction WOOD
Total area 2,970 SF
Lot 3.87 ac (168,534 SF)
APN 224180000039027
UPID US03-0953705

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Rental Equipment Company

Location

281 Commercial Ct Alabaster, AL 35007-9508
Alabaster metro Census 30614 BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$606k
Blend (final) Blend
$570k

Owner & transaction history

since 2023
7 recorded transactions
2023
Price N/A
2023
Price N/A
2023
Price N/A
2020
$2.4M
2020
$450,000
2020
$450,000
2003
Price N/A

Zoning & alternative use

Top alternative use upside
Medical building $545,000 +61.7%
Office building $435,000 +30.0%
Commercial (general) $375,000 +11.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 281 Commercial Ct?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message