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    Property profile & analytics

    16462 Hwy 280 Chelsea, AL 35043-8336

    • Commercial land
    • 0.67 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jul 23, 2020
    $250,000
    Location Intelligence
    Property ID
    US03-1115108
    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

    • Commercial land

    Property Details for 16462 Hwy 280

    Lot size
    0.67 lot acres
    Property type
    Commercial land
    APN
    98270001001002
    APU
    98270001001002

    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
    -86.6268
    Latitude
    33.3498
    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
    $0.00
    $0.00
    $0.00
    $34,540
    -
    $172,630
    $0.00
    $172,630

    Comparable in this City

    • Value Estimation by Request
      0.51 Acres

      Chelsea, AL 35043

      VACANT COMMERCIAL LAND • 0.51 Acres
      Chelsea, AL 35043
      View Details
    • Value Estimation by Request
      2.00 Acres

      Chelsea, AL 35043

      VACANT COMMERCIAL LAND • 2.00 Acres
      Chelsea, AL 35043
      View Details
    • Value Estimation by Request
      5.00 Acres

      Chelsea, AL 35043

      VACANT COMMERCIAL LAND • 5.00 Acres
      Chelsea, AL 35043
      View Details
    • Value Estimation by Request
      1.14 Acres

      Chelsea, AL 35043

      VACANT COMMERCIAL LAND • 1.14 Acres
      Chelsea, AL 35043
      View Details
    • Value Estimation by Request
      0.41 Acres

      Chesser Park Dr

      VACANT COMMERCIAL LAND • 1,384 SF
      Chesser Park Dr, Chelsea, AL 35043
      View Details
    • Value Estimation by Request
      22.90 Acres

      14547 Hwy 280

      VACANT COMMERCIAL LAND • 8,192 SF
      14547 Hwy 280, Chelsea, AL 35043-8428
      View Details

    Similar Nearby for Sale

    • $1,200,000
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      14.27 acres with frontage on busy Highway 280.
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      0.56 Acres

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      Residential lot available in Pelham, Alabama, swim community.
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    • $50,000
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      Two-Acre Lot in Chelsea, AL

      2-acre cul-de-sac lot, utilities available, build your dream home.
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      Chelsea Land with Garage

      8.56 acres in Chelsea School District with potential.
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    Similar Nearby for Lease

    • Contact for pricing
      71,800 SF

      Chelsea Corners Retail Center

      High-traffic retail space in Chelsea, AL
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    • $15 SF/Yr
      10,000 SF

      New Flex/Industrial Building

      New 10,000 SF flex/industrial space in Chelsea, Alabama.
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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

      Retail Space on Highway 280

      Retail pads and spaces for lease on US Highway 280.
      16585 & Chesser Crane Rd, Chelsea, AL 35043
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    • Contact for pricing
      5,921 SF

      Prime Retail/Medical Space in Chelsea

      Move-in ready 2,300 SF space in a high-traffic location.
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      View Details
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    16462 Hwy 280
    Chelsea, AL 35043-8336
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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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