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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    595 Snow Dr Alabaster, AL 35007

    • Commercial real estate
    • 122.00 lot acres
    For Sale
    View listing
    $8,500,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US03-0139057
    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 real estate

    Property Details for 595 Snow Dr

    Lot size
    122.00 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 122-acre property presents a rare investment opportunity in Alabaster, Alabama. Located in Shelby County, this expansive tract boasts a gently rolling topography and offers significant development potential. The land is strategically positioned between Interstate I-65 and Highway 31, providing unparalleled access to major transportation arteries. Over 85,000 vehicles travel I-65 daily, ensuring high visibility and accessibility. Adding to its appeal, the property features CSX rail access along its entire northern boundary, with an approved spur already in place. Approximately 86+ acres are usable, providing ample space for a variety of commercial or industrial projects. Existing utilities are available, simplifying development and reducing upfront costs. The asking price for this remarkable property is $8,500,000. Its location at 595 Snow Dr, Alabaster, AL 35007, offers a blend of accessibility and strategic positioning within a thriving market. This is an exceptional opportunity to acquire a large, contiguous parcel of land with excellent infrastructure and connectivity, ideal for significant industrial or commercial development.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Alabaster
    County
    Shelby
    State
    Alabama
    Longitude
    -86.7865236
    Latitude
    33.2080299

    Comparable in this City

    • $150,000
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      Alabaster Industrial Land for Sale

      Graded lots, utilities available, I-65 access.
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    • $800,000
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      Versatile Flex Space in Alabaster

      Flex space with warehouse, convenient location, expansion opportunity.
      105 Corporate Woods Cir, Alabaster, AL 35007
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    • $1,650,000
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      Alabaster Warehouse with Office/Showroom

      17,500 SF warehouse with office/showroom space for sale.
      130 Commercial Ct, Alabaster, AL 35007
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    • $894,900
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      Alabaster Industrial Property - Hwy 31

      High-traffic industrial site, flexible zoning.
      786 Highway 31, Alabaster, AL 35007
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    • $5,975,000
      87,000 SF

      Alabaster Warehouse/Manufacturing Building For Sale

      87,000 SF warehouse/manufacturing building in Alabaster's Airpark Industrial Park.
      100 Airpark Industrial Rd, Alabaster, AL 35007
      View Details
    • $2,500,000
      4.37 Acres

      Hwy 119 Commercial Land - Alabaster, AL

      4.37 Acres, B-3 Zoning, High Visibility
      8800 Highway 119, Alabaster, AL 35007
      View Details

    Similar Nearby for Sale

    • $150,000
      1.00 Acre

      Alabaster Industrial Land for Sale

      Graded lots, utilities available, I-65 access.
      0 Interstate Commerce Park, Alabaster, AL 35007
      View Details
    • $800,000
      7,800 SF

      Versatile Flex Space in Alabaster

      Flex space with warehouse, convenient location, expansion opportunity.
      105 Corporate Woods Cir, Alabaster, AL 35007
      View Details
    • $1,650,000
      17,500 SF

      Alabaster Warehouse with Office/Showroom

      17,500 SF warehouse with office/showroom space for sale.
      130 Commercial Ct, Alabaster, AL 35007
      View Details
    • $5,975,000
      87,000 SF

      Alabaster Warehouse/Manufacturing Building For Sale

      87,000 SF warehouse/manufacturing building in Alabaster's Airpark Industrial Park.
      100 Airpark Industrial Rd, Alabaster, AL 35007
      View Details
    • $894,900
      3.11 Acres

      Alabaster Industrial Property - Hwy 31

      High-traffic industrial site, flexible zoning.
      786 Highway 31, Alabaster, AL 35007
      View Details
    • $2,500,000
      4.37 Acres

      Hwy 119 Commercial Land - Alabaster, AL

      4.37 Acres, B-3 Zoning, High Visibility
      8800 Highway 119, Alabaster, AL 35007
      View Details

    Similar Nearby for Lease

    • $9 SF/Yr
      7,700 SF

      Renovated Retail/Industrial Flex Space

      Newly renovated retail/industrial flex space with high ceilings.
      349-351 1St St SW, Alabaster, AL 35007
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    • $10 SF/Yr
      4,500 SF

      Freestanding Office Warehouse For Lease

      Freestanding office warehouse with yard area available for lease.
      8365 Highway 119, Alabaster, AL 35007
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    • $6 SF/Yr
      87,000 SF

      Alabaster Industrial Space Available

      Multiple Suites, 87,000 SF Total
      100 Airpark Industrial Rd, Alabaster, AL 35007
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    • $9 SF/Yr
      20,000 SF

      Alabaster Retail/Warehouse Space

      ±14,000 SF Retail & Warehouse Available
      349 1St St, Alabaster, AL 35007
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    • $6 SF/Yr
      87,000 SF

      Move-in Ready Alabaster Warehouse Space

      Warehouse space with drive-in doors and multiple yard spaces.
      100 Airpark Industrial Rd, Alabaster, AL 35007
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    • Contact for pricing

      Commercial Land Near Highway 31

      Usable land with highway access in growing retail hub.
      113 Simmsville Rd, Alabaster, AL 35007
      View Details
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    595 Snow Dr
    Alabaster, AL 35007
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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