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    3570 Pelham Pkwy Pelham, AL 35124

    For Lease
    Contact for pricing

    High-traffic shopping center with 2 spaces available.

    Lot size:
    65,936 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    Keystone Plaza Shopping Center presents a compelling retail investment opportunity. This single-story, 65,936 square foot shopping center, built in 1990, sits on a 6.7-acre lot and features eleven suites. Currently, 1,400 square feet of retail space is available for lease. The center enjoys a prime location with excellent visibility, boasting a high traffic count of 28,000 cars passing daily. Strong anchor tenants include The Foundry, Dollar General, Aaron's, and a Chinese buffet, providing a stable and attractive tenant mix. Its strategic adjacency to Staples and Big Lots further enhances its desirability and draws significant foot traffic. This well-established neighborhood shopping center offers a solid foundation for investors seeking a proven retail property with strong existing tenancy and significant growth potential. The property's size and location make it ideal for a variety of retail uses, providing a diverse income stream and a resilient investment opportunity. The existing infrastructure and established tenant base minimize initial investment requirements, making this a particularly attractive proposition for investors seeking immediate returns and long-term growth.

    Property Features for 3570 Pelham Pkwy

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    65,936 SF

    Building Details

    Year Built
    1990
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    3584
    Size
    1,400 SF
    Space
    3574
    Size
    1,400 SF

    HighLights

    • Keystone Plaza Shopping Center is a neighborhood shopping center with excellent visibility, anchored by strong national tenants.
    • The center is located adjacent to Staples and Big Lots.
    • The property experiences high traffic counts, with 28,000 cars passing daily.
    • This single‑story, 65,936 square foot shopping center has 11 suites and 1,400 square feet of available space.
    • The property sits on 6.7 acres and was built in 1990.
    Property Profile Location Intelligence

    Current Use by Public Records

    Aaron's Rent To Own Furniture Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Pelham
    County
    Shelby
    State
    Alabama
    Longitude
    -86.812339663578
    Latitude
    33.263466713205

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    FAQs

    What type of property is this?
    Lifestyle center - High-traffic shopping center with 2 spaces available.
    Where is this lifestyle center located?
    The property is located at 3570 Pelham Pkwy Pelham, AL.
    What are key features of this property?
    This property features: Keystone Plaza Shopping Center is a neighborhood shopping center with excellent visibility, anchored by strong national tenants.; The center is located adjacent to Staples and Big Lots.; The property experiences high traffic counts, with 28,000 cars passing daily.
    Request Owner's contact information
    3570 Pelham Pkwy Pelham, AL 35124
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3570 Pelham Pkwy Pelham, AL 35124
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