8111 Hwy 31Calera, AL 35040

  • Retail properties
  • 2,512 SF
Off market
$4,407,778 Estimated

Property Details for 8111 Hwy 31

Year built
1984
Lot size
0.44 AC
Property size (Sq ft)
2,512 SF
Property type
Retail properties
Property subtype
Drive through restaurants
APN
285211004015000
APU
285211004015000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $657,658
    6.5%
    $607,068
    7%
    $563,706
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,112,821
    Geo Method
    $1,234,777
  • Alternative Use

    Use
    Valuation
    Residential
    $512,085
    Hospitality
    $469,067
    Educational
    $390,258
    Medical
    $403,680
    Retail
    $607,068
8111 Hwy 31, Calera, Alabama

Location Insight

City
Calera
County
Shelby
State
Alabama
Latitude
33.1048
Longitude
-86.7525
CBSA code
13820
CBSA name
BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,959
-
-
$90,840
-
$143,750
$310,360
$454,110

FAQs

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