Technical
Financial
Distress signals
Property profile

1516 Pelham S Rd Jacksonville, AL 36265

OFF-MARKET
Office buildings
Property ID
US03-2291655
3,180 SF 0.52 ac lot Built 1982
Individually Owned 6-yr Hold Absentee Owner Free & Clear
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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

Current use

Occupant on record · Public records
  • Electric Utility Company
  • Cosmetic Store

Location

1516 Pelham S Rd Jacksonville, AL 36265-3309
Jacksonville metro Census 2105 ANNISTON-OXFORD, AL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$140k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$120k

Owner & transaction history

since 2020
Last sale
$100,100
1 recorded transaction
2020
$100,100

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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