Technical
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Property profile

1973 Chandalar Dr Pelham, AL 35124

OFF-MARKET
Office Spaces
7,548 SF 0.5 ac lot Built 1999
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Property summary

AI-generated overview

This exceptional 7,548-square-foot medical office building, situated on a half-acre lot in Pelham, Alabama, presents a unique owner-user opportunity. Priced at $985,000 ($130.50/sq ft), this Class B property boasts three units within a single, two-story building constructed in 1999. The building features a convenient layout currently configured as a dental office with six operatories, already built out for immediate use. Ample parking is available, exceeding the standard with a 4.5/1,000 parking ratio. Its strategic location offers easy access to major transportation arteries, including Highway 31, I-65, and Highway 119, ensuring high visibility and convenient patient access. The property is for sale by owner and represents a strong investment in a thriving medical market. The address is 1973 Chandalar Drive, Pelham, AL 35124, within Shelby County. This turnkey operation is ideal for a growing dental practice or other medical professional seeking a well-established and conveniently located space. The property's excellent condition and prime location make it a highly desirable asset.

Property profile

Verified
Property type Office Spaces
Year built 1999
Total area 7,548 SF
Lot 0.5 ac (21,780 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office
  • Dental Office
  • Dental Office
  • Insurance Agency
  • Dental Office

Location

1973 Chandalar Dr Pelham, AL 35124
Pelham metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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