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    1973 Chandalar Dr Pelham, AL 35124

    Sponsored
    For Sale
    $985,000

    Profitable Medical Office, 7,548 SF

    Property size:
    7,548 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 7,548-square-foot medical office building, situated on a half-acre lot in Pelham, Alabama, presents a unique owner-user opportunity. Priced at $985,000 ($130.50/sq ft), this Class B property boasts three units within a single, two-story building constructed in 1999. The building features a convenient layout currently configured as a dental office with six operatories, already built out for immediate use. Ample parking is available, exceeding the standard with a 4.5/1,000 parking ratio. Its strategic location offers easy access to major transportation arteries, including Highway 31, I-65, and Highway 119, ensuring high visibility and convenient patient access. The property is for sale by owner and represents a strong investment in a thriving medical market. The address is 1973 Chandalar Drive, Pelham, AL 35124, within Shelby County. This turnkey operation is ideal for a growing dental practice or other medical professional seeking a well-established and conveniently located space. The property's excellent condition and prime location make it a highly desirable asset.

    Property Features for 1973 Chandalar Dr

    General Information

    Property type
    Medical offices
    Square Feet
    7,548 SF
    Class
    B
    Lot Size
    21,780 SF

    Building Details

    Year Built
    1999
    Buildings
    1
    Stories
    2
    Units
    3

    HighLights

    • $985,000 asking price for this 7,548 SF medical office building.
    • Located in Pelham, Alabama, offering convenient access to Hwy 31 and I‑65.
    • Features six operatory dental build‑out.
    • Ample parking with a 4.5/1,000 ratio.
    • Sits on a 0.5‑acre lot, a Class B, two‑story building constructed in 1999.
    Property Profile Location Intelligence

    Current Use by Public Records

    Nicholas Kentros, DMD Dentist Pelham Dental Care ... Dentist Glaze Kelly Dentist Farmers Insurance - Christopher ... Insurance Agency Pelham Dental Care Dentist

    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
    -86.801967
    Latitude
    33.3150026

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    FAQs

    What type of property is this?
    Medical office - Profitable Medical Office, 7,548 SF
    Where is this medical office located?
    The property is located at 1973 Chandalar Dr Pelham, AL.
    What is the asking price?
    The asking price for this property is $985,000.
    What are key features of this property?
    This property features: $985,000 asking price for this 7,548 SF medical office building.; Located in Pelham, Alabama, offering convenient access to Hwy 31 and I-65.; Features six operatory dental build-out.
    Request Owner's contact information
    1973 Chandalar Dr Pelham, AL 35124
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    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
    1973 Chandalar Dr Pelham, AL 35124
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