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    Property profile & analytics

    2740 Pelham Pkwy, Unit 2762 Pelham, AL 35124-1702

    • Community centers
    • 48,604 SF
    • 4.71 lot acres
    OFF-MARKET
    Value Estimation
    $1,780,000
    Last Sale
    Apr 23, 2025
    $2,000,000
    Location Intelligence
    Property ID
    US03-0963365
    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

    • Joy's Barber Shop / Barber Shop

    Property Details for 2740 Pelham Pkwy

    Year built
    1978
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    4.71 lot acres
    Property size
    48,604 SF
    Property type
    Community centers
    APN
    131121001011003
    APU
    131121001011003

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,705,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,850,000
      6.5%
      $1,910,000
      7%
      $2,045,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,940,000
      Geo Method
      $2,130,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,120,000
      Retail
      $1,730,000
      Mixed-Use
      $1,810,000
      Hospitality
      $1,860,000
      Educational
      $1,880,000
      Residential Income
      $1,885,000
      Energy
      $1,685,000
      Income-Based Land
      $2,010,000
      Food Service
      $1,975,000

    Location Insight

    • Map
    • Local Demand
    City
    Pelham
    County
    Shelby
    State
    Alabama
    Longitude
    -86.8034
    Latitude
    33.3117
    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
    $35,474
    $0.00
    $0.00
    $611,620
    -
    $853,500
    $2,204,580
    $3,058,080

    Comparable in this City

    • Value Estimation by Request
      25,408 SF

      2156 Pelham Pkwy

      Neighborhood centers • 25,408 SF
      2156 Pelham Pkwy, Pelham, AL 35124
      View Details
    • Value Estimation by Request
      23,633 SF

      1944 Pelham Pkwy

      MINI-MALL • 23,633 SF
      1944 Pelham Pkwy, Pelham, AL 35124
      View Details
    • Value Estimation by Request
      65,936 SF

      3570 Pelham Pkwy

      Lifestyle centers • 65,936 SF
      3570 Pelham Pkwy, Pelham, AL 35124
      View Details
    • Value Estimation by Request
      16,000 SF

      100 Commerce Pkwy

      Lifestyle centers • 16,000 SF
      100 Commerce Pkwy, Pelham, AL 35124
      View Details
    • Value Estimation by Request
      19,500 SF

      2783 Pelham Pkwy

      SHOPPING CENTER, STRIP CENTER • 19,500 SF
      2783 Pelham Pkwy, Pelham, AL 35124-1704
      View Details
    • Value Estimation by Request
      12,600 SF

      210 Cahaba Vly Rd, Unit 226

      SHOPPING CENTER, STRIP CENTER • 12,600 SF
      210 Cahaba Vly Rd, Pelham, AL 35124-1363
      View Details

    Similar Nearby for Sale

    • $2,300,000
      17,157 SF

      Pelham Flex Space - $2.3M

      17,157 SF Flex/Warehouse, High Visibility
      109 Cahaba Valley Pkwy, Pelham, AL 35124
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    • $669,000
      2,480 SF

      Pelham Parkway Retail Space

      2,480 SF Storefront, High Traffic Area
      2621 Pelham Pkwy, Pelham, AL 35124
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    • $289,900
      1.73 Acres

      Commercial Property in Pelham, Alabama

      1.73-acre commercial property suitable for office, retail, or mixed-use.
      3280 Highway 52, Pelham, AL 35124
      View Details
    • $495,000
      0.57 Acres

      Retail Opportunity in Pelham, Alabama

      Retail property in Pelham, suitable for auto shop or other business.
      3430 Pelham Pkwy, Pelham, AL 35124
      View Details
    • $1,695,000
      17.00 Acres

      Commercial Land on Pelham Parkway

      6 +/- acres for commercial development in Pelham, Alabama.
      2499 Pelham Pkwy, Pelham, AL 35124
      View Details
    • $1,699,000
      Pending

      Pelham Industrial Opportunity

      Industrial property in Pelham, Alabama, with significant potential.
      419 Philippians Blvd, Pelham, AL 35124
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      65,936 SF

      Keystone Plaza: Retail Investment Opportunity

      High-traffic shopping center with 2 spaces available.
      3570 Pelham Pkwy, Pelham, AL 35124
      View Details
    • Contact for pricing
      16,000 SF

      Oak Mountain Corners Retail Center

      Pelham, AL Shopping Center - 4,000 SF Available
      100 Commerce Pkwy, Pelham, AL 35124
      View Details
    • $19 SF/Yr
      13,800 SF

      Pelham Parkway Retail Space

      1,700 SF Retail Space, High Traffic
      2691 Pelham Pkwy, Pelham, AL 35124
      View Details
    • Contact for pricing
      2,425 SF

      Retail Space with Drive-Thru

      Retail and office spaces available in Pelham, Alabama.
      1920-1948 Highway 31 S, Pelham, AL 35124
      View Details
    • Contact for pricing

      Campus 124 Mixed-Use Redevelopment

      Vibrant mixed-use property in Pelham, Alabama, with retail and dining.
      2408 Pelham Pkwy, Pelham, AL 35124
      View Details
    • $10,000 /Mo
      10,204 SF

      Pelham Parkway Showroom/Warehouse Space

      Renovated showroom/warehouse with excellent visibility and convenient access.
      3543 Pelham Pkwy, Pelham, AL 35124
      View Details
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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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