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    Office Building Near I-65 Title is generated by Realmo AI

    120 Cahaba Valley Pkwy, Pelham, AL 35124

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    Office building on 6.56 acres with I-65 visibility.

    Type:Office
    Property size:
    28,600 SF
    Lot size:
    6.56 Acres
    Price / SF:
    $181/SF
    Added:
    Mar 2, 2026
    Days on Market:
    116
    Last Refresh:
    Mar 16 at 2:00 pm

    Property Features for 120 Cahaba Valley Pkwy

    General Information

    Standard status
    Active
    Size
    28,600 SF
    Lot size
    6.56 Acres
    Property subtype
    Office

    Building Details

    Year Built
    1995

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    Peter Jameson

    Listing office Veritas

    Listing date Mar 2, 2026

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Veritas

    HighLights

    • 6.56‑acre property
    • Great visibility from I‑65
    • Located south of Birmingham
    • Within the Birmingham MSA
    • Built in 1995

    Overview

    This commercial property is an office building situated on 6.56 acres. The property benefits from visibility from Interstate 65 and is located just south of Birmingham, within the Birmingham Metropolitan Statistical Area. The building has a size of 28,600 square feet.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $514.8k $18.00
    − Vacancy −$113.3k −$3.96
    EGI $401.5k $14.04
    − OpEx −$100.4k −$3.51
    NOI $301.2k $10.53
    28,600 SF · lease $18.00/SF/yr · vacancy 22.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $4.30M
    $3.76M – $5.02M (±1% cap)
    NOI $301,158 @ 7.0% cap · market cap 5.81%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $6.71M
    $5.87M – $7.83M (±1% cap)
    NOI $469,909 @ 7.0% cap · market cap 9.07%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dawn Marie Mccombs Physician Baptist Health Center ... Medical Clinic Melanie C. Warren, ... Physician Dr. James Colvard Pediatrician Dr. Barry Callahan Physician

    Suggested Use

    Restaurant Real Estate Agency Law Firm Dental Office Spa & Massage Center Building Supply Auto Repair Shop Hair Salon Big Box & Wholesale Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pelham
    County
    Shelby
    State
    Alabama
    Longitude
    -86.7839332
    Latitude
    33.3375794

    FAQs

    What type of property is this?
    Office building - Office building on 6.56 acres with I-65 visibility.
    Where is this office building located?
    The property is located at 120 Cahaba Valley Pkwy Pelham, AL.
    What is the asking price?
    The asking price for this property is $5,181,306.
    What are key features of this property?
    This property features: 6.56‑acre property; Great visibility from I‑65; Located south of Birmingham
    More about this property
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