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Pelham Parkway Retail/Office Opportunity

2621 Pelham Pkwy, Pelham, AL 35124

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For Sale

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2,480 SF building on 0.50-acre lot in Pelham, AL.

Type:Retail

Property size:

2,480 SF

Lot size:

0.50 Acres

Price / SF:

$201/SF

HighLights

Outstanding location on Pelham Parkway with high traffic counts (30,000+ cars per day) and monument signage.
Excellent parking with 20 spaces and easy access.
Versatile building ideal for retail, office, or medical use.
High‑quality construction on a .50 acre lot.
Newly painted in 2025.
Major activity generators include Campus 124.

We can help!

Listing Contact

Mark Dinan

Learn more

For Sale

Contact for pricing

2,480 SF building on 0.50-acre lot in Pelham, AL.

Type:Retail

Property size:

2,480 SF

Lot size:

0.50 Acres

Price / SF:

$201/SF

Added:: Sep 5, 2024
Days on Market:: 642
Last Refresh:: May 12 at 9:06 pm

Property Features for 2621 Pelham Pkwy

General Information

Standard status: Active
Size: 2,480 SF
Lot size: 0.50 Acres
Property subtype: Retail

Building Details

Year Built: 1993

We can help!

Listing Contact

Mark Dinan

Listing agent Mark Dinan License #AL 000044694

Listing office Mark Dinan Commercial & Investment Real Estate

Listing date Sep 5, 2024

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 Mark Dinan Commercial & Investment Real Estate

HighLights

Outstanding location on Pelham Parkway with high traffic counts (30,000+ cars per day) and monument signage.
Excellent parking with 20 spaces and easy access.
Versatile building ideal for retail, office, or medical use.
High‑quality construction on a .50 acre lot.
Newly painted in 2025.
Major activity generators include Campus 124.

Overview

This 2,480 +/- SF building is situated on a 0.50-acre lot. Constructed in 1993, the property is suitable for retail, office, or medical use. It features building and monument signage, along with excellent parking with 20 spaces and easy access. The location on Pelham Parkway offers high traffic counts of over 30,000 cars per day. Major activity generators include Campus 124. The building was newly painted in 2025. The property taxes are $4,200. This is a one-of-a-kind opportunity.

Local Financial Insights For Healthcare Medical

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$62.5k	$25.20
− Vacancy	−$6.6k	−$2.65
EGI	$55.9k	$22.55
− OpEx	−$22.4k	−$9.02
NOI	$33.6k	$13.53

2,480 SF · lease $25.20/SF/yr · vacancy 10.50% · expense 40.00%

Alternative Uses

Best Use

Healthcare Medical

$479.4K

$419.5K – $559.3K (±1% cap)

NOI $33,560 @ 7.0% cap · market cap 6.73%

Second Best

Office B

$373.1K

$326.4K – $435.2K (±1% cap)

NOI $26,114 @ 7.0% cap · market cap 5.23%

Theoretical Best

Office A

$582.1K

$509.3K – $679.1K (±1% cap)

NOI $40,747 @ 7.0% cap · market cap 8.17%

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

Location Intelligence

Current Use by Public Records

Guitar Gallery (Bike/Boat/Book/etc) Store Tripp Duke - Guitar ... Tutoring Service

Suggested Use

Location Insight

Map
Local Demand

City: Pelham
County: Shelby
State: Alabama
Longitude: -86.7970659
Latitude: 33.3186317

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For sale
Retail space
AL
Pelham
35124
2621 Pelham Pkwy

What type of property is this?

Retail space - 2,480 SF building on 0.50-acre lot in Pelham, AL.

Where is this retail space located?

The property is located at 2621 Pelham Pkwy Pelham, AL.

What is the asking price?

The asking price for this property is $499,000.

What are key features of this property?

This property features: Outstanding location on Pelham Parkway with high traffic counts (30,000+ cars per day) and monument signage.; Excellent parking with 20 spaces and easy access.; Versatile building ideal for retail, office, or medical use.

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2621 Pelham Pkwy, Pelham, AL 35124

2,480 SF building on 0.50-acre lot in Pelham, AL.

Property Features for 2621 Pelham Pkwy

General Information

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Healthcare Medical

Simulate Cap Rate and NOI

NOI Build-Up

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Retail Opportunity in Pelham, Alabama

Pelham Office Building For Sale

Highway Frontage Retail Opportunity

Pelham Parkway Commercial Building

Renovated Commercial Building with Garage

Pelham Warehouse and Fabrication Shops

Highway Frontage Industrial Flex Building

Pelham Commercial Property with Basement

Pelham Parkway Commercial Building

Office Building Near I-65

Pelham Warehouse with Secure Bays

Pelham Parkway Flex Building

FAQs

2621 Pelham Pkwy, Pelham, AL 35124

2,480 SF building on 0.50-acre lot in Pelham, AL.

Property Features for 2621 Pelham Pkwy

General Information

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Healthcare Medical

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Retail Opportunity in Pelham, Alabama

Pelham Office Building For Sale

Highway Frontage Retail Opportunity

Pelham Parkway Commercial Building

Renovated Commercial Building with Garage

Pelham Warehouse and Fabrication Shops

Highway Frontage Industrial Flex Building

Pelham Commercial Property with Basement

Pelham Parkway Commercial Building

Office Building Near I-65

Pelham Warehouse with Secure Bays

Pelham Parkway Flex Building

FAQs

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