12363 Co Rd Chelsea, AL 35043
This exceptional 2.19-acre commercial land parcel presents a rare development opportunity in the rapidly expanding Chelsea, Alabama market. Located at 12363 Co Rd 11, Shelby County, zip code 35043, this property boasts a prime location with high visibility and exposure. The site is zoned B-2, with an overlay district designation by the City of Chelsea, offering a wide range of development possibilities. Utilities are readily available, and the land has already undergone rough grading. Access is conveniently situated at Highway 11, a major thoroughfare experiencing significant traffic growth due to its proximity to I-65 in Pelham and Alabaster, and US Highway 280. The property is situated next to a newly constructed neighborhood convenience store, further enhancing its desirability and potential for high returns. This is a gateway to a booming area, exhibiting outstanding growth trends. The asking price is $350,000. The owner is open to considering the sale of all or part of a larger 7-acre parcel. This presents a unique chance to capitalize on the exceptional growth potential of this area. Don't miss this chance to secure a piece of Chelsea's thriving commercial landscape.
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
Physical attributes from public recordsZoning & alternative use
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.