831 Smokey Rd Alabaster, AL 35007
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.