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Property profile & analytics
FOR SALE
Commercial real estate

8634 Highway 31 Calera, AL 35040

0.14 ac lot
Property ID
US03-1662466
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 0.14 ac (6,098 SF)
UPID US03-1662466
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
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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