You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Office buildings

1516 Pelham S Rd Jacksonville, AL 36265-3309

3,180 SF 0.52 ac lot Built 1982
Individually Owned 6-yr Hold Absentee Owner Free & Clear
Property ID
US03-2291655
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1982
Construction BRICK
Total area 3,180 SF
Lot 0.52 ac (22,782 SF)
APN 12-06-23-4-001-012.001
UPID US03-2291655
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
  • Southern Co Electric Utility Company
  • Merle Norman/Sissy's Treasures Boutique & Monogram Cosmetic Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Frank Miles · 6 yrs held
Frank Miles
since 2020
Last sale
$100,100
1 recorded transaction
2020
$100,100
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1516 Pelham S Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message