1516 Pelham S Rd Jacksonville, AL 36265-3309
This exceptional 1.07-acre commercial property, located at 1516 Pelham Rd S in Jacksonville, Alabama (zip code 36265), presents a lucrative investment opportunity. Situated on busy US Highway 21 near Jacksonville State University (JSU), this property boasts a prime location with approximately 23,000 average daily traffic counts (ADTC). The site includes two buildings, constructed in 1955 and 1982, totaling 100% occupancy. Currently configured as an auto shop, quick-service restaurant (QSR), and storefront, the property offers versatile options for a variety of retail, service, or restaurant uses. The property is zoned for General Business (B2) and sits across the highway from established businesses including Walmart and Hampton Inn, further enhancing its visibility and accessibility. The property is offered fee simple, with a total asking price of $950,000. JSU's continued growth, evidenced by new dorms, a fitness center, and expanded athletic facilities, ensures a strong and expanding market. This is part of a larger 3.3-acre offering, with additional parcels and property divisions available. The property's APN is 1206234001011.000. This is an owner/user investment opportunity in a rapidly growing college town.
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Southern Co Electric Utility Company
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Merle Norman/Sissy's Treasures Boutique & Monogram Cosmetic Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.