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    31 1.5 +/- Acre Cor Hwy Pelham, AL 35124

    • Land
    For Sale
    View listing
    $875,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 31 1.5 +/- Acre Cor Hwy

    Property type
    Land

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Pelham
    County
    Shelby
    State
    Alabama
    Longitude
    -86.8117
    Latitude
    33.2925

    Comparable in this City

    • Value Estimation by Request
      2.02 Acres

      1923 Co Rd

      Land • 2.02 Acres
      1923 Co Rd, Alabaster, AL 35124
      View Details
    • Value Estimation by Request
      1.17 Acres

      Chandalar Dr

      Land • 1.17 Acres
      0 Chandalar Dr, Pelham, AL 35124
      View Details
    • Value Estimation by Request
      1.84 Acres

      3421 Pelham Pkwy

      Land • 1.84 Acres
      3421 Pelham Pkwy, Pelham, AL 35124
      View Details
    • Value Estimation by Request
      2.52 Acres

      Helena Rd At Beaver Crk Pkwy

      Land • 2.52 Acres
      0 Helena Rd At Beaver Crk Pkwy, Pelham, AL 35124
      View Details
    • Value Estimation by Request
      10.00 Acres

      Oak Mountain Dr

      Land • 10.00 Acres
      0 Oak Mountain Dr, Pelham, AL 35124
      View Details
    • Value Estimation by Request
      1.19 Acres

      Oak Mountain Commons Ln

      Land • 1.19 Acres
      0 Oak Mountain Commons Ln, Pelham, AL 35124
      View Details

    Similar Nearby for Sale

    • $149,000
      0.39 Acres

      Pelham Commercial Land - $149K

      0.39-acre lot, B-2 zoning, prime location.
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      9.50 Acres

      Pelham Office Land - I-65 Frontage

      9.5 Acres, Prime Commercial Land
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    • $750,000
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      Pelham Parkway Commercial Land

      1.84 Acres, B2 Zoning, High Traffic
      3421 Pelham Pkwy, Pelham, AL 35124
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    • $875,000

      Hwy 31 Pelham Corner Lot

      1.5-acre commercial land, high visibility.
      31 1.5 +/- Acre Cor Hwy, Pelham, AL 35124
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      10.00 Acres

      Oak Mountain Commercial Land

      10 Acres, High-Visibility Location
      0 Oak Mountain Dr, Pelham, AL 35124
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    • $1,500,000
      2.52 Acres

      Helena Road Corner Commercial Land

      Prime Pelham location, high visibility, B-2 zoning.
      0 Helena Rd At Beaver Crk Pkwy, Pelham, AL 35124
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Pelham Parkway Land Sublease Opportunity

      0.62 acres of commercial land available for sublease.
      3340 Pelham Pkwy, Pelham, AL 35124
      View Details
    • $10,000 /Mo
      10,204 SF

      Pelham Parkway Showroom/Warehouse Space

      Renovated showroom/warehouse with excellent visibility and convenient access.
      3543 Pelham Pkwy, Pelham, AL 35124
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    • Contact for pricing
      65,936 SF

      Keystone Plaza: Retail Investment Opportunity

      High-traffic shopping center with 2 spaces available.
      3570 Pelham Pkwy, Pelham, AL 35124
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    • $19 SF/Yr
      13,800 SF

      Pelham Parkway Retail Space

      1,700 SF Retail Space, High Traffic
      2691 Pelham Pkwy, Pelham, AL 35124
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    • Contact for pricing
      2,425 SF

      Retail Space with Drive-Thru

      Retail and office spaces available in Pelham, Alabama.
      1920-1948 Highway 31 S, Pelham, AL 35124
      View Details
    • $11 SF/Yr

      Versatile Commercial Space in Pelham

      Modern property in Pelham, AL, suitable for various businesses.
      246 Cahaba Valley Pkwy, Pelham, AL 35124
      View Details
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    31 1.5 +/- Acre Cor Hwy
    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
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