Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2127 Old Montgomery Hwy Pelham, AL 35124

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Prime Pelham office space, high traffic area.

    Property size:
    3,216 SF

    Property Features for 2127 Old Montgomery Hwy

    General Information

    Property type
    Office properties & Spaces
    Square Feet
    3,216 SF

    We can help!

    Listing Contact
    Austin Blair
    Austin Blair

    Listing Agency: LAH Commercial Real Estate Mountain Brook Listing Agent: Austin Blair

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

    Learn more

    Overview

    This exceptional 3,216 square foot office building is situated on a 0.43-acre lot at 2127 Old Montgomery Highway in Pelham, Alabama, zip code 35124. Priced at $525,000 ($163.25 per square foot), this property presents a compelling investment opportunity. Previously utilized as a veterinary clinic, the building offers versatile space suitable for a variety of uses, including veterinary practices, general office spaces, or retail businesses. Its strategic location directly on Highway 31 (Pelham Parkway), near the Hoover/Pelham border, ensures high visibility and accessibility. The property benefits from convenient access to both Pelham Parkway and Old Montgomery Highway, providing excellent exposure to a substantial daily traffic volume of 28,981 vehicles. This prime location offers significant potential for growth and profitability. The building's adaptable layout and convenient access make it an ideal choice for businesses seeking a prominent presence in a thriving commercial area of Shelby County. Serious inquiries are encouraged.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Building Supply Big Box & Wholesale Store Hair Salon Auto Repair Shop 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
    -86.7961751
    Latitude
    33.3426777

    Nearby Similar for Sale

    • New
      $435,000
      2,368 SF

      Mixed-Use Building in Pelham, AL

      Flexible office and operational space in prime Pelham location.
      3110 Cummins St, Pelham, AL 35124
      View Details
    • $495,000
      0.57 Acres

      Retail Opportunity in Pelham, Alabama

      Retail property in Pelham, suitable for auto shop or other business.
      3430 Pelham Pkwy, Pelham, AL 35124
      View Details
    • $967,742
      5,000 SF

      Freestanding Medical Office Investment

      5,000 SF medical office with a new 10-year NNN lease.
      333 Business Cir, Pelham, AL 35124
      View Details
    • $995,000

      Renovated Industrial/Flex Space Investment

      5,000 SF renovated flex space with fenced storage yard.
      2085 Old Montgomery Hwy, Pelham, AL 35244
      View Details
    • $3,700,000
      9.00 Acres

      Mobile Home Community Investment

      Established mobile home community in Pelham, Alabama with expansion potential.
      2168 Pelham Pkwy, Pelham, AL 35124
      View Details
    • $1,100,000
      12,000 SF

      Pelham Parkway Commercial Building

      Flexible M-1 zoned building on a high-traffic commercial corridor.
      119 Hwy, Pelham, AL
      View Details
    • $3,500,000

      Pelham Warehouse and Fabrication Shops

      80,568 SF warehouse with fabrication and machine shops for sale.
      1 Breco Industrial Park, Pelham, AL 35124
      View Details
    • $669,000
      2,480 SF

      Pelham Parkway Retail Space

      2,480 SF Storefront, High Traffic Area
      2621 Pelham Pkwy, Pelham, AL 35124
      View Details
    • $750,000
      1.84 Acres

      Pelham Parkway Commercial Land

      Prime Pelham Location, High Traffic
      3421 Pelham Pkwy, Pelham, AL 35124
      View Details
    • $480,000
      5.27 Acres

      High-Traffic Pelham Commercial Land

      5.27 Acres, Hwy 33 Exposure
      Highway 33, Pelham, AL 35124
      View Details
    • $155,000

      Pelham Townhouse with Community Pool

      Charming 2-bedroom townhouse in Pelham, move-in ready and centrally located.
      1905 Chandalar Ct, Pelham, AL 35124
      View Details
    • $2,300,000
      17,157 SF

      Pelham Flex Space - $2.3M

      17,157 SF Flex/Warehouse, High Visibility
      109 Cahaba Valley Pkwy, Pelham, AL 35124
      View Details

    FAQs

    What type of property is this?
    Office property - Prime Pelham office space, high traffic area.
    Where is this office property located?
    The property is located at 2127 Old Montgomery Hwy Pelham, AL.
    What is the asking price?
    The asking price for this property is $525,000.
    (205) 478-7805 Call to check price and availability
    Request Owner's contact information
    2127 Old Montgomery Hwy Pelham, AL 35124
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2127 Old Montgomery Hwy
    Pelham, AL 35124
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    2127 Old Montgomery Hwy Pelham, AL 35124
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Austin Blair
    Austin Blair
    Real Estate License ID: 000075950
    (205) 478-7805
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!