Current Use by Public Records
- Land
Property Details for 11 Pelham Pkwy
- Lot size
- 10.00 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional property, located on Hwy 11 in Pelham, Alabama (zip code 35124), offers a unique investment opportunity. Encompassing a substantial land area ranging from 10 to 168 acres, this versatile parcel presents itself as ideal for a variety of development projects. Its strategic location provides convenient access to major transportation arteries, situated just 8 minutes from Hwy 280 and 5 minutes from I-65. The property benefits from its position within a rapidly growing area, with both Pelham and Chelsea expanding towards it. This makes it particularly well-suited for residential development, capitalizing on the high demand for housing in this thriving region. However, its size and accessibility also make it a viable option for light industrial development. The owner is willing to subdivide the land into smaller parcels, offering flexibility for various development scales and investor preferences. Furthermore, the last timber harvest on the property occurred 30 years ago, presenting an additional opportunity for potential development. This property represents a rare chance to acquire a significant land holding in a prime location with exceptional growth potential. The property is located in Shelby County, near Indian Springs Village.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pelham
- County
- Shelby
- State
- Alabama
- Longitude
- -86.75
- Latitude
- 33.2957
