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Property profile & analytics
OFF-MARKET
Land

11 Pelham Pkwy Pelham, AL 35124

10 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 10 ac (435,600 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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