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Property profile & analytics
OFF-MARKET
Land

0 Chandalar Dr Pelham, AL 35124

1.17 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 1.17 ac (50,965 SF)
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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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