0 Chandalar Dr Pelham, AL 35124
This exceptional 1.17-acre commercial lot, located at the intersection of Chandalar Drive and Chandalar Court in Pelham, Alabama, presents a unique investment opportunity. Zoned Office-Institutional (O-I), this property is perfectly suited for a variety of professional, medical, or educational developments. Its strategic location offers unparalleled accessibility and visibility, situated just 250 yards from Pelham Parkway, providing easy access to the area's main commercial corridor and Interstate 65. The property boasts a picturesque setting overlooking the tranquil Carroll Park, offering a serene environment while maintaining convenient access to Pelham's thriving business community. All utilities are available on-site. The lot consists of two parcels, identified by APN 13-1-01-4-002-061.001, and is ready for development. This combination of prime location, convenient access, and serene surroundings creates an ideal foundation for a successful and distinctive establishment. The asking price for this exceptional property is $160,000.
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
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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.