50 Chelsea Corners Way Chelsea, AL 35043
- Lifestyle centers
- 71,800 SF
- 9.42 lot acres
Current Use by Public Records
- Lifestyle centers
Property Details for 50 Chelsea Corners Way
- Year built
- 2019
- Lot size
- 9.42 lot acres
- Property size
- 71,800 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chelsea
- County
- Shelby
- State
- Alabama
- Longitude
- -86.632
- Latitude
- 33.3464
