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Property profile

23 Pelham Rd Jacksonville, AL 36225

OFF-MARKET
Land
1.32 ac lot
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Property summary

AI-generated overview

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).

Property profile

Verified
Property type Land
Lot 1.32 ac (57,499 SF)

Cap rate & NOI

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

Location

23 Pelham Rd Jacksonville, AL 36225
Jacksonville metro
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Value estimations

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