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Property profile & analytics
OFF-MARKET
Commercial real estate

831 Smokey Rd Alabaster, AL 35007

85 ac lot
Property ID
US03-0419097
Property summary
AI-generated overview

This exceptional 85-acre parcel presents a unique opportunity for developers seeking a prime location in the thriving Alabaster, Alabama area. Situated on Smokey Road, this expansive tract is ideally positioned for single-family and/or multi-family residential development. The property enjoys convenient access to major transportation arteries, being approximately one mile east of Highway 119 and within reasonable proximity to Interstate 65, ensuring seamless connectivity for residents. Currently, there is no zoning in place, offering flexibility and potential for creative development plans. The land is owned by Cheney Lime and is being offered at $892,500. The property's location adjacent to the city limits of Alabaster provides access to municipal services and amenities while maintaining a desirable suburban setting. With its substantial size and strategic location, this 85-acre site represents a compelling investment opportunity for those seeking to capitalize on the growth and demand in the Alabaster real estate market. The address is 831 Smokey Rd, Alabaster, AL 35007, located in Shelby County. Serious inquiries are encouraged.

Property profile
Verified
Property type Commercial real estate
Lot 85 ac (3,702,600 SF)
UPID US03-0419097
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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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