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    Property profile & analytics

    108 Chandalar Dr Pelham, AL 35124-1331

    • Office buildings
    • 1,125 SF
    • 0.28 lot acres
    OFF-MARKET
    Value Estimation
    $180,000
    Last Sale
    Aug 05, 2025
    $250,000
    Location Intelligence
    Property ID
    US03-0865205
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 108 Chandalar Dr

    Year built
    1986
    Construction
    WOOD
    Lot size
    0.28 lot acres
    Property size
    1,125 SF
    Property type
    Office buildings
    APN
    131014002061004
    APU
    131014002061004

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $185,000

    • CAP approach

      CAP return
      Estimation
      6%
      $180,000
      6.5%
      $160,000
      7%
      $180,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $160,000
      Geo Method
      $170,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $150,000
      Retail
      $160,000
      Mixed-Use
      $190,000
      Hospitality
      $150,000
      Educational
      $175,000
      Residential Income
      $180,000
      Energy
      $175,000
      Income-Based Land
      $165,000
      Food Service
      $170,000

    Location Insight

    • Map
    • Local Demand
    City
    Pelham
    County
    Shelby
    State
    Alabama
    Longitude
    -86.8021
    Latitude
    33.3167
    CBSA code
    13820
    CBSA name
    BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,022
    $0.00
    $0.00
    $34,860
    -
    $63,420
    $110,870
    $174,290

    Comparable in this City

    • Value Estimation by Request
      1,500 SF

      252 Yeager Pkwy

      OFFICE BUILDING • 1,500 SF
      252 Yeager Pkwy, Pelham, AL 35124-1800
      View Details
    • Value Estimation by Request
      2,112 SF

      3183 Lee St

      OFFICE BUILDING • 2,112 SF
      3183 Lee St, Pelham, AL 35124-1903
      View Details
    • Value Estimation by Request
      14,522 SF

      700 Southgate Dr

      OFFICE BUILDING • 14,522 SF
      700 Southgate Dr, Pelham, AL 35124-1261
      View Details
    • Value Estimation by Request
      1,296 SF

      Southgate Mobile Home Park Entrance Offi Office

      OFFICE BUILDING • 1,296 SF
      Southgate Mobile Home Park Entrance Offi Office, Pelham, AL 35124
      View Details
    • Value Estimation by Request
      3,800 SF

      Pelham, AL 35124

      OFFICE BUILDING • 3,800 SF
      Pelham, AL 35124
      View Details
    • Value Estimation by Request
      6,250 SF

      140 Cyn Park Dr

      OFFICE BUILDING • 6,250 SF
      140 Cyn Park Dr, Pelham, AL 35124
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      9.50 Acres

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      9.5 Acres, Prime Commercial Land
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      Pelham Office Building - Hwy 31

      Prime Pelham office space, high traffic area.
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    • $985,000
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      Pelham Medical Office Building

      Profitable Medical Office, 7,548 SF
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      Prime Commercial Property on Highway 11

      10.5 acres with office building in Pelham's growth corridor.
      2969 Highway 11, Pelham, AL 35124
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    • $289,900
      1.73 Acres

      Commercial Property in Pelham, Alabama

      1.73-acre commercial property suitable for office, retail, or mixed-use.
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    • $967,742
      5,000 SF

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    Similar Nearby for Lease

    • $19 SF/Yr
      13,800 SF

      Pelham Parkway Retail Space

      1,700 SF Retail Space, High Traffic
      2691 Pelham Pkwy, Pelham, AL 35124
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    • $11 SF/Yr

      Versatile Commercial Space in Pelham

      Modern property in Pelham, AL, suitable for various businesses.
      246 Cahaba Valley Pkwy, Pelham, AL 35124
      View Details
    • Contact for pricing
      5,300 SF

      Pelham Parkway Office Space Available

      5,300 sq ft Single-Tenant Office
      2706 Pelham Pkwy, Pelham, AL 35124
      View Details
    • $10,000 /Mo
      10,204 SF

      Pelham Parkway Showroom/Warehouse Space

      Renovated showroom/warehouse with excellent visibility and convenient access.
      3543 Pelham Pkwy, Pelham, AL 35124
      View Details
    • Contact for pricing
      65,936 SF

      Keystone Plaza: Retail Investment Opportunity

      High-traffic shopping center with 2 spaces available.
      3570 Pelham Pkwy, Pelham, AL 35124
      View Details
    • Contact for pricing
      2,425 SF

      Retail Space with Drive-Thru

      Retail and office spaces available in Pelham, Alabama.
      1920-1948 Highway 31 S, Pelham, AL 35124
      View Details
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    108 Chandalar Dr
    Pelham, AL 35124-1331
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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