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    1923 Co Rd 68 Alabaster, AL 35124

    Sponsored
    For Sale
    $175,000

    High-traffic Alabama land, dual zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.02-acre property, located at 1923 Co Rd 68 in Pelham, Alabama (zip code 35124), presents a unique investment opportunity. Situated in a high-traffic area along Pelham Parkway (Highway 31), experiencing 33,000 vehicles daily, this land boasts significant visibility and accessibility. The property's APN is 13-7-25-3-001-012.000 and is offered at an asking price of $175,000. The land is zoned for both B2 Special District and RG Residential Garden Homes, providing flexibility for a variety of development possibilities. This fee simple ownership offers a clear title and complete control. The location within Shelby County, Alabama, offers proximity to Alabaster and other key areas. Given the high traffic count and dual zoning, this parcel presents a compelling opportunity for developers seeking a strategic location with diverse development potential. The land value is $200,000 per square foot. Serious inquiries are encouraged to explore the full potential of this prime commercial and residential land.

    Property Features for 1923 Co Rd 68

    General Information

    Property type
    Land
    Lot Size
    87,991 SF

    HighLights

    • 2.02‑acre commercial land in Pelham, AL (35124).
    • High‑traffic location on Highway 31 (Pelham Parkway), with 33,000 vehicles daily.
    • APN: 13‑7‑25‑3‑001‑012.000; Asking price: $175,000.
    • B2 Special District and RG Residential Garden Homes zoning.
    • Fee simple ownership.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Alabaster
    County
    Shelby
    State
    Alabama
    Longitude
    -86.809595363793
    Latitude
    33.262941155317

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    FAQs

    What type of property is this?
    Land - High-traffic Alabama land, dual zoning.
    Where is this land located?
    The property is located at 1923 Co Rd 68 Alabaster, AL.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: 2.02-acre commercial land in Pelham, AL (35124).; High-traffic location on Highway 31 (Pelham Parkway), with 33,000 vehicles daily.; APN: 13-7-25-3-001-012.000; Asking price: $175,000.
    Request Owner's contact information
    1923 Co Rd 68 Alabaster, AL 35124
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    Alabaster, 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
    1923 Co Rd 68 Alabaster, AL 35124
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