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Property profile & analytics
OFF-MARKET Estimated value $145,000
Retail space

8249 Hwy 119 Alabaster, AL 35007-5101

900 SF 0.38 ac lot Built 1940
Individually Owned 1-yr Hold Free & Clear
Property ID
US03-0838633
Property summary
AI-generated overview

This exceptional 16,522 square foot commercial land parcel, located at 8249 Hwy 119 in Alabaster, Alabama, is now available for purchase at $485,000. The property boasts a highly desirable B-3 zoning designation, offering a wide range of development possibilities. Its strategic location on Hwy 119 provides excellent visibility and accessibility, further enhanced by the ongoing four-lane expansion of the highway. All utilities are readily available, simplifying the development process. The lot's size presents ample space for a variety of commercial ventures. The property's parcel number is 23 6 14 3 002 011.000. This is a rare opportunity to acquire a prime commercial property in a thriving Alabaster location with significant growth potential. The combination of size, zoning, and highway frontage makes this an ideal investment for discerning buyers seeking a high-impact commercial development site in Shelby County, Alabama, zip code 35007. Don't miss this chance to secure a piece of Alabaster's vibrant commercial landscape.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1940
Total area 900 SF
Lot 0.38 ac (16,640 SF)
APN 236143002011000
UPID US03-0838633
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$145k
Owner & transaction history
Danny Mcgee · 1 yrs held
Danny Mcgee
since 2025
Last sale
$1,400
4 recorded transactions
2025
Price N/A
2020
$31,400
2015
$50,000
2008
$10,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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