2271 Pelham Pkwy Pelham, AL 35124-1334
This exceptional 6,000-square-foot retail space, formerly occupied by Cahaba Cycle, presents a prime opportunity in Pelham's thriving commercial district. Located at the highly visible intersection of Highway 31 (Pelham Parkway) and Highway 119 (Cahaba Valley Road), this single-tenant building offers unparalleled exposure to a high-traffic area. The property boasts abundant off-street parking, ensuring convenient access for customers. The entire 6,000 square feet is currently vacant and available for lease, offering flexibility for a variety of retail uses. A reduced lease rate of $20 per square foot is currently being offered. New renderings showcase the potential for various retail configurations. This location benefits from its proximity to Interstate 65, providing easy access for commuters and customers from a wider region. Furthermore, its strategic placement near the Hoover Galleria, numerous restaurants, and other shopping destinations enhances its appeal and potential for attracting a substantial customer base. The property is situated within Shelby County, in the Pelham submarket, known for its high-income residential communities and robust economic growth. This is a rare opportunity to secure a prominent retail space in a rapidly developing area. The building is a single-story structure with no elevators.
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
Similar Nearby for Lease
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.