11575 Old Highway 280 Chelsea, AL 35043
This exceptional 1.53-acre commercial lot in Chelsea, Alabama, presents a rare development opportunity. Located at 11575 Old Hwy 280, Shelby County, zip code 35043 (33.3509654, -86.6537645), this B-2 zoned property boasts high visibility and exposure due to its corner location. The site is conveniently situated next to a brand-new neighborhood convenience store, ensuring high traffic and customer accessibility. Utilities are readily available, and the land has already undergone rough grading. This prime location is experiencing significant growth, driven by increased traffic along Highway 11, connecting I-65 in Pelham and Alabaster to US Highway 280. The property offers an exceptional gateway to this rapidly expanding area, making it ideal for a variety of commercial ventures. Access is already installed at Highway 11. While the listed acreage is 1.53 acres, the owner may consider selling all or part of a larger 7-acre parcel. This presents a unique chance to capitalize on the outstanding growth trends in this desirable location. Further details are available upon request.
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
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.