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    2621 Pelham Pkwy Pelham, AL 35124

    For Sale
    $669,000

    2,480 SF Storefront, High Traffic Area

    Property size:
    2,480 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 2,480-square-foot storefront property, located at 2621 Pelham Parkway in Pelham, Alabama, presents a unique investment opportunity. Situated on a half-acre lot, this Class B building boasts high-quality construction and ample parking (20 spaces), ensuring convenient access for customers and employees. Built in 1993, the property features prominent building and monument signage, maximizing visibility in a high-traffic area with over 30,000 cars passing daily. The B-2 General Business zoning allows for diverse uses, making it ideal for retail, office, or medical spaces. The property is currently vacant, offering a blank canvas for a new business or expansion. Key features include easy access, excellent visibility, and proximity to major activity generators like Campus 124. The property is offered fee simple, with annual property taxes totaling $4,200. This is a rare opportunity, previously occupied by a long-standing business, now available for immediate possession. The single-story building offers 2,480 square feet of net rentable space. Don't miss this chance to own a prime commercial property in a thriving Pelham location.

    Property Features for 2621 Pelham Pkwy

    General Information

    Property type
    Individual retail properties
    Square Feet
    2,480 SF
    Class
    B
    Lot Size
    21,780 SF

    Building Details

    Year Built
    1993
    Buildings
    1
    Stories
    1
    Units
    1
    Property Profile Location Intelligence

    Current Use by Public Records

    Guitar Gallery Musical Instrument Store Tripp Duke - Guitar ... Music Instructor

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply 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
    -86.797619826683
    Latitude
    33.318984122905

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    FAQs

    What type of property is this?
    Individual retail property - 2,480 SF Storefront, High Traffic Area
    Where is this individual retail property located?
    The property is located at 2621 Pelham Pkwy Pelham, AL.
    What is the asking price?
    The asking price for this property is $669,000.
    Request Owner's contact information
    2621 Pelham Pkwy 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
    2621 Pelham Pkwy Pelham, AL 35124
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