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Property profile & analytics
OFF-MARKET
Land

1923 Co Rd Alabaster, AL 35124

2.02 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.02-acre property, located at 1923 Co Rd 68 in Pelham, Alabama (zip code 35124), presents a unique investment opportunity. Situated in a high-traffic area along Pelham Parkway (Highway 31), experiencing 33,000 vehicles daily, this land boasts significant visibility and accessibility. The property's APN is 13-7-25-3-001-012.000 and is offered at an asking price of $175,000. The land is zoned for both B2 Special District and RG Residential Garden Homes, providing flexibility for a variety of development possibilities. This fee simple ownership offers a clear title and complete control. The location within Shelby County, Alabama, offers proximity to Alabaster and other key areas. Given the high traffic count and dual zoning, this parcel presents a compelling opportunity for developers seeking a strategic location with diverse development potential. The land value is $200,000 per square foot. Serious inquiries are encouraged to explore the full potential of this prime commercial and residential land.

Property profile
Verified
Property type Land
Lot 2.02 ac (87,991 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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