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Property profile & analytics
OFF-MARKET Estimated value $875,000
Retail space

10699 Old Hwy 280 Chelsea, AL 35043-8220

8,250 SF 2.1 ac lot Built 2007
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US03-0626378
Property summary
AI-generated overview

Chelsea Village, located at 10699 Old Hwy 280 in Chelsea, Alabama (zip code 35043), offers a diverse range of retail and office spaces for lease. This Class C property totals 3,555 square feet and features four individual suites, providing flexibility for businesses of various sizes. The minimum leasable space is 765 square feet, while the maximum contiguous space available is the entire 3,555 square feet. Rental rates are competitive, starting at $1,250 per month for the smallest suite and reaching $4,500 per month for the entire building. Note that utilities and repairs are not included in the monthly rental price. Ample parking is available with 60 spaces provided for tenants and their clients. The property is zoned for commercial use and is conveniently situated in the Chelsea submarket, specifically along Highway 280 in Shelby County. This location offers excellent visibility and accessibility for businesses seeking a presence in this thriving area. The property is ideal for a variety of uses, from small businesses needing a compact office space to larger companies requiring more extensive square footage. Interested parties should inquire for further details and availability.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2007
Total area 8,250 SF
Lot 2.1 ac (91,476 SF)
APN 98280001026000
UPID US03-0626378
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
Current use
Occupant on record · Public records
  • Cousins Insurance Insurance Agency
  • Crossfit Chelsea Gym & Fitness Center
  • Tough Target Taxidermy Taxidermist
  • Chelsea Village Baptist Church Church
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$875k
Blend (final) Blend
$875k
Owner & transaction history
Franklin Collision Center INC · 3 yrs held
Franklin Collision Center INC
since 2022
4 recorded transactions
2025
Price N/A
2022
Price N/A
2020
$100,000
2004
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $1.2M +17.7%
Commercial (general) $1.1M +3.7%
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