8111 Hwy 119 Alabaster, AL 35007-7533
- Investment properties
- 3,256 SF
- 1.11 lot acres
Current Use by Public Records
- Special Occasions / Banquet Hall
- Southern Vintage Market / Antique Store
Property Details for 8111 Hwy 119
- Year built
- 1985
- Lot size
- 1.11 lot acres
- Property size
- 3,256 SF
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 236232001039017
- APU
- 236232001039017
Description
This exceptional retail property, located at 8111 Highway 119 in Alabaster, Alabama, presents a compelling investment opportunity. Situated on a 1.11-acre lot in Shelby County, this property boasts a prime location on a highly trafficked highway, enjoying exposure to 21,000 vehicles per day. The property comprises two buildings totaling 4,700 square feet of net rentable space. The main building offers 3,500 square feet, complemented by a covered back porch, while a separate 1,200 square foot building provides additional versatility. Built in 2017, this Class C property is currently 100% occupied and features a NNN lease type. The asking price is $775,000, translating to $164.89 per square foot. The property is zoned B-3, allowing for a wide range of uses. Currently configured for a commercial kitchen and a salon, this property offers significant potential for various businesses, including restaurants, bars, retail, office space, or medical/veterinary services. An additional 0.5-acre parcel provides ample space for future development or overflow parking. This property is an ideal choice for investors or owner-users seeking a high-visibility location with significant growth potential in a rapidly expanding area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Alabaster
- County
- Shelby
- State
- Alabama
- Longitude
- -86.8274
- Latitude
- 33.1985
- CBSA code
- 13820
- CBSA name
- BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
