242 I-65 Pelham, AL 35124
This exceptional 695,000 USD commercial land parcel in Pelham, Alabama, boasts 233 feet of frontage on County Road 52 (exit 242 off I-65). Situated in Shelby County, zip code 35124, this corner lot offers unparalleled visibility and accessibility. The property enjoys frontage on both County Road 52 East and Applegate Parkway, providing ample opportunity for signage and customer access. All utilities are readily available, simplifying development plans. Its strategic location directly across from the nearly completed Pelham Elementary School on Applegate Parkway ensures high traffic volume and strong community presence. The expansive lot presents a multitude of development possibilities, including but not limited to: convenience stores, retail spaces, self-storage facilities, or office buildings. Additional land may be available, making this an ideal opportunity for expansion or large-scale projects. This prime location offers exceptional visibility and accessibility, making it an attractive investment for a variety of commercial ventures.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.