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    Property profile & analytics

    15205 Highway 280 Chelsea, AL 35243

    • Investment properties
    • 875 SF
    • 20.00 lot acres
    For Sale
    View listing
    Value Estimation
    Last Sale
    Jul 29, 2024
    $263,043
    Location Intelligence
    Property ID
    US03-0804491
    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

    • Investment properties

    Property Details for 15205 Highway 280

    Year built
    1976
    Lot size
    20.00 lot acres
    Property size
    875 SF
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    97260002001000
    APU
    97260002001000

    Description

    This exceptional 33-acre parcel presents a remarkable opportunity for development along Highway 280 in Chelsea, Alabama. Boasting over 1300 feet of frontage on this major thoroughfare, the property enjoys exceptional visibility and accessibility. The current zoning, City of Chelsea B-2, allows for a variety of commercial uses, making it ideal for retail or office development. A smaller residential component is also possible south of County Road 440, offering flexibility for mixed-use projects. The high traffic volume of approximately 26,870 vehicles per day on Highway 280 ensures significant exposure for any development. The property's location in Shelby County, Alabama, with a zip code of 35243, places it within a rapidly growing area. The APN numbers are 09-7-25-0-000-013-000...09-7-26-0-002-001-000. This expansive tract offers significant potential for investors seeking a high-impact commercial development site in a desirable location. The land's size and strategic positioning make it an attractive investment with considerable upside. Serious inquiries are encouraged.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Chelsea
    County
    Shelby
    State
    Alabama
    Longitude
    -86.6058
    Latitude
    33.3493
    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
    $3,755
    $0.00
    $0.00
    $86,280
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      8,192 SF

      14555 Hwy 280

      STORE/OFFICE (MIXED USE) • 8,192 SF
      14555 Hwy 280, Chelsea, AL 35043-8428
      View Details
    • Value Estimation
      $490,000
      10,880 SF

      16161 Hwy 280

      STORE/OFFICE (MIXED USE) • 10,880 SF
      16161 Hwy 280, Chelsea, AL 35043-8424
      View Details
    • Value Estimation by Request
      14,078 SF

      11611 Chelsea Rd

      STORE/OFFICE (MIXED USE) • 14,078 SF
      11611 Chelsea Rd, Chelsea, AL 35043-7321
      View Details
    • Value Estimation by Request
      3,150 SF

      150 Chelsea Cors Way

      STORE/OFFICE (MIXED USE) • 3,150 SF
      150 Chelsea Cors Way, Chelsea, AL 35043-8206
      View Details
    • Value Estimation by Request
      1,000 SF

      11587 Chelsea Rd

      STORE/OFFICE (MIXED USE) • 1,000 SF
      11587 Chelsea Rd, Chelsea, AL 35043
      View Details
    • Value Estimation by Request
      36,484 SF

      16054 Hwy 280

      STORE/OFFICE (MIXED USE) • 36,484 SF
      16054 Hwy 280, Chelsea, AL 35043-8412
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • Contact for pricing

      Retail Space on Highway 280

      Retail pads and spaces for lease on US Highway 280.
      16585 & Chesser Crane Rd, Chelsea, AL 35043
      View Details
    • Contact for pricing
      71,800 SF

      Chelsea Corners Retail Center

      High-traffic retail space in Chelsea, AL
      50 Chelsea Corners Way, Chelsea, AL 35043
      View Details
    • $15 SF/Yr
      10,000 SF

      New Flex/Industrial Building

      New 10,000 SF flex/industrial space in Chelsea, Alabama.
      10693 Old Highway 280, Chelsea, AL 35043
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    • Contact for pricing
      37,850 SF

      Chelsea Crossings Retail Center

      High-traffic retail space in Chelsea, AL
      16054 Us-280, Chelsea, AL 35043
      View Details
    • Contact for pricing
      5,921 SF

      Prime Retail/Medical Space in Chelsea

      Move-in ready 2,300 SF space in a high-traffic location.
      361 Chelsea Xrd, Chelsea, AL 35043
      View Details
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    15205 Highway 280
    Chelsea, AL 35243
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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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