8634 Highway 31 Calera, AL 35040
For Sale
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This exceptional 0.14-acre lot, situated in the heart of Downtown Calera, Alabama, presents a unique investment opportunity. Previously occupied by a structure that has been completely removed, the property is now a blank canvas ready for development. According to the City of Calera, the lot is eligible for commercial rezoning, opening up a wide range of possibilities for businesses seeking a presence in this rapidly expanding city. The cleared lot offers significant advantages, eliminating the need for demolition and allowing for immediate construction. Its central location within Downtown Calera ensures high visibility and accessibility, making it an ideal site for a variety of commercial ventures. The property's proximity to other businesses and amenities further enhances its appeal. The adjacent property is also available for purchase, presenting a compelling opportunity for expansion or consolidation. This is a rare chance to acquire a prime commercial lot in a thriving Alabama city, poised for significant growth and development. Don't miss this chance to establish your business in a dynamic and desirable location. The asking price is $99,900.
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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.