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Property profile & analytics
OFF-MARKET
Lifestyle centers

50 Chelsea Corners Way Chelsea, AL 35043

71,800 SF 9.42 ac lot Built 2019
Property ID
Property summary
AI-generated overview

Chelsea Corners Shopping Center, located at 50 Chelsea Corners, Chelsea, AL 35043, presents a prime retail investment opportunity. This single-story, 71,800 square foot shopping center, built in 2019, boasts excellent visibility and accessibility, situated between U.S. Highway 280 and Shelby County Highway 47. The property sits on 9.42 acres of land and offers ample parking with 429 spaces. Currently, there are 2,800 square feet of vacant space available, with a minimum divisible unit size of 1,400 square feet. This location benefits from significant traffic volume, experiencing 37,570 cars daily on Highway 280 and 15,000 cars daily on Highway 47. The property's strategic location within a rapidly expanding area, projected by the Birmingham Regional Planning Commission as Shelby County's fastest-growing region, further enhances its investment potential. With 16,000 lots under development in the immediate trade area, this shopping center is poised for continued growth and success. The property offers multiple tenancy options, making it ideal for a variety of retail businesses.

Property profile
Verified
Property type Lifestyle centers
Year built 2019
Total area 71,800 SF
Lot 9.42 ac (410,335 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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