0 Mid Ridge Ln Pelham, AL 35124
This exceptional 7.87-acre parcel of land presents a remarkable opportunity for residential development in Pelham, Alabama. Located near 401 Midridge Lane, the property boasts a desirable location and offers stunning views. Currently uncleared, this land is zoned RT, providing the potential for the construction of new townhomes. The property's size and zoning make it ideal for a multi-unit residential project, adding to the already thriving Pelham community. However, any development plans will require approval from the Pelham Zoning Board. The property is offered fee simple, providing clear and unencumbered ownership. The Shelby County location, with its convenient access to amenities and infrastructure, further enhances the investment potential. The APN is 13-7-25-2-001-001.000. This is a unique chance to acquire a substantial residential lot in a sought-after area, ready for your vision. The property's address is Midridge Ln, Pelham, AL 35124. Don't miss this chance to build your dream project.
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.