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Property profile & analytics
OFF-MARKET
Land

242 I-65 Pelham, AL 35124

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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