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    23 Pelham Rd Jacksonville, AL 36225

    • Land
    • 1.32 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 23 Pelham Rd

    Lot size
    1.32 lot acres
    Property type
    Land

    Description

    This exceptional 1.32-acre commercial land parcel, located at Lot 22 & 23 Pelham Rd in Jacksonville, Alabama (zip code 36225), presents a compelling investment opportunity. Situated in a rapidly growing college town near Jacksonville State University (JSU), this fee-simple property boasts a prime location across US Highway 21 from established businesses including Walmart, Hampton Inn, and various fast-food restaurants. The property is zoned B2, making it ideal for a variety of commercial uses, such as retail, service businesses, restaurants, or apartments. With an average daily traffic count of approximately 23,000 vehicles, this site offers exceptional visibility and accessibility. JSU's continued growth, evidenced by new dorms, a fitness center, and recently constructed football and baseball stadiums, further enhances the long-term potential of this investment. The parcel's APN is 1206234001012.002 & 013.000. This offering is part of a larger 3.3-acre tract, with additional parcels and property divisions available for purchase, up to a total of 3.3 acres for $1,395,000. The asking price for this specific 1.32-acre lot is $613,800. This property is located between Anniston and Gadsden on US Highway 21 (Pelham Rd).

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Calhoun
    State
    Alabama
    Longitude
    -85.7614
    Latitude
    33.8046
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    23 Pelham Rd
    Jacksonville, AL 36225
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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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