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    50 Chelsea Corners Way Chelsea, AL 35043

    For Lease
    Contact for pricing

    High-traffic retail space in Chelsea, AL

    Lot size:
    71,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    Chelsea Corners Shopping Center, located at 50 Chelsea Corners, Chelsea, AL 35043, presents a prime retail investment opportunity. This single-story, 71,800 square foot shopping center, built in 2019, boasts excellent visibility and accessibility, situated between U.S. Highway 280 and Shelby County Highway 47. The property sits on 9.42 acres of land and offers ample parking with 429 spaces. Currently, there are 2,800 square feet of vacant space available, with a minimum divisible unit size of 1,400 square feet. This location benefits from significant traffic volume, experiencing 37,570 cars daily on Highway 280 and 15,000 cars daily on Highway 47. The property's strategic location within a rapidly expanding area, projected by the Birmingham Regional Planning Commission as Shelby County's fastest-growing region, further enhances its investment potential. With 16,000 lots under development in the immediate trade area, this shopping center is poised for continued growth and success. The property offers multiple tenancy options, making it ideal for a variety of retail businesses.

    Property Features for 50 Chelsea Corners Way

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    71,800 SF

    Building Details

    Year Built
    2019
    Stories
    1

    Unit(s) available at that property

    Space
    70
    Size
    1,400 SF
    Space
    80
    Size
    1,400 SF

    HighLights

    • High‑traffic corner location with signalized intersection.
    • Exceptional street visibility.
    • Situated in Shelby County's fastest‑growing submarket.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    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
    Chelsea
    County
    Shelby
    State
    Alabama
    Longitude
    -86.631952782161
    Latitude
    33.346442539541

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      Retail Space on Highway 280

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    Nearby Similar for Lease

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      Chelsea Crossings Retail Center

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      Retail Space on Highway 280

      Retail pads and spaces for lease on US Highway 280.
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    FAQs

    What type of property is this?
    Lifestyle center - High-traffic retail space in Chelsea, AL
    Where is this lifestyle center located?
    The property is located at 50 Chelsea Corners Way Chelsea, AL.
    What are key features of this property?
    This property features: High-traffic corner location with signalized intersection.; Exceptional street visibility.; Situated in Shelby County's fastest-growing submarket.
    Request Owner's contact information
    50 Chelsea Corners Way 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
    50 Chelsea Corners Way Chelsea, AL 35043
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