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    11575 Old Highway 280 Chelsea, AL 35043

    For Sale
    $450,000

    Prime 1.53-acre commercial lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.53-acre commercial lot in Chelsea, Alabama, presents a rare development opportunity. Located at 11575 Old Hwy 280, Shelby County, zip code 35043 (33.3509654, -86.6537645), this B-2 zoned property boasts high visibility and exposure due to its corner location. The site is conveniently situated next to a brand-new neighborhood convenience store, ensuring high traffic and customer accessibility. Utilities are readily available, and the land has already undergone rough grading. This prime location is experiencing significant growth, driven by increased traffic along Highway 11, connecting I-65 in Pelham and Alabaster to US Highway 280. The property offers an exceptional gateway to this rapidly expanding area, making it ideal for a variety of commercial ventures. Access is already installed at Highway 11. While the listed acreage is 1.53 acres, the owner may consider selling all or part of a larger 7-acre parcel. This presents a unique chance to capitalize on the outstanding growth trends in this desirable location. Further details are available upon request.

    Property Features for 11575 Old Highway 280

    General Information

    Property type
    Land
    Lot Size
    66,647 SF

    HighLights

    • 1.53‑acre commercial lot (or portion of 7‑acre parcel) in high‑growth Chelsea, AL.
    • High‑visibility corner lot on Old Hwy 280 with excellent access to Hwy 11, I‑65, and US Hwy 280.
    • B‑2 zoning, utilities available, and rough grading complete.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Hotel & Motel Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Chelsea
    County
    Shelby
    State
    Alabama
    Longitude
    -86.6537645
    Latitude
    33.3509654

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    FAQs

    What type of property is this?
    Land - Prime 1.53-acre commercial lot
    Where is this land located?
    The property is located at 11575 Old Highway 280 Chelsea, AL.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: 1.53-acre commercial lot (or portion of 7-acre parcel) in high-growth Chelsea, AL.; High-visibility corner lot on Old Hwy 280 with excellent access to Hwy 11, I-65, and US Hwy 280.; B-2 zoning, utilities available, and rough grading complete.
    (205) 980-3434
    Request Owner's contact information
    11575 Old Highway 280 Chelsea, AL 35043
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    Chelsea, AL 35043
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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
    11575 Old Highway 280 Chelsea, AL 35043
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