This exceptional commercial property, located at 1314 1st Street N in Alabaster, Alabama, presents a unique investment opportunity. Boasting 0.39 acres of land and an impressive 150 feet of road frontage along Highway 31, this property offers unparalleled visibility and accessibility. Situated conveniently north of the local hospital, it benefits from high traffic volume and a strong local demographic. The property is zoned commercial, ensuring flexibility for a variety of business ventures. The existing structure includes a dedicated office area, perfect for administrative functions, and a substantial shop/garage space, ideal for storage, workshops, or light industrial uses. Two half-bathrooms are conveniently located within the building. Easy access to interstate highways further enhances the property's strategic location, making it an attractive option for businesses seeking convenient transportation links. The asking price for this prime commercial real estate is $300,000. This property is ready for immediate occupancy and presents a compelling opportunity for entrepreneurs and investors alike. Don't miss this chance to secure a highly visible and strategically located commercial property in a thriving Alabaster community.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$4,872,084
Hospitality
$4,462,803
Educational
$3,713,000
Medical
$3,840,696
Retail
$5,775,778
Location Insight
City
Alabaster
County
Shelby
State
Alabama
Latitude
33.418
Longitude
-86.6919
CBSA code
13820
CBSA name
BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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