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    Property profile & analytics

    Pelham, AL 35124

    • Commercial land
    • 0.15 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 23, 2025
    $2,000,000
    Location Intelligence
    Property ID
    US03-0999646
    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

    Lot size
    0.15 lot acres
    Property type
    Commercial land
    APN
    131121001011001
    APU
    131121001011001

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Pelham
    County
    Shelby
    State
    Alabama
    Longitude
    -86.8024
    Latitude
    33.3122
    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
    $730
    $0.00
    $0.00
    $12,580
    -
    $62,900
    $0.00
    $62,900

    Comparable in this City

    • Value Estimation by Request
      0.64 Acres

      601 Keystone Ct

      VACANT COMMERCIAL LAND • 0.64 Acres
      601 Keystone Ct, Pelham, AL 35124
      View Details
    • Value Estimation by Request
      2.00 Acres

      2571 Pelham Pkwy

      VACANT COMMERCIAL LAND • 2.00 Acres
      2571 Pelham Pkwy, Pelham, AL 35124-1320
      View Details
    • Value Estimation by Request
      0.50 Acres

      718 Thames Ct

      VACANT COMMERCIAL LAND • 0.50 Acres
      718 Thames Ct, Pelham, AL 35124-1927
      View Details
    • Value Estimation by Request
      0.15 Acres

      Pelham, AL 35124

      VACANT COMMERCIAL LAND • 0.15 Acres
      Pelham, AL 35124
      View Details
    • Value Estimation by Request
      2.00 Acres

      Pelham, AL 35124

      VACANT COMMERCIAL LAND • 2.00 Acres
      Pelham, AL 35124
      View Details
    • Value Estimation by Request
      1.00 Acre

      Pelham, AL 35124

      VACANT COMMERCIAL LAND • 1.00 Acre
      Pelham, AL 35124
      View Details

    Similar Nearby for Sale

    • $895,000
      1.37 Acres

      Pelham Land For Sale

      Prime Pelham location suitable for business growth and development.
      3436 Pelham Pkwy, Pelham, AL 35124
      View Details
    • Contact for pricing

      Land with I-65 Frontage

      Unincorporated Shelby County land with high traffic and future development.
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    • $275,000
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      Commercial Land in Pelham, Alabama

      4.88 acres of commercial land with road frontage.
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    • $695,000
      1.84 Acres

      PELHAM, AL - Commercial Land

      Commercial land with road frontage in a high-traffic area.
      3421 Pelham Pkwy, Pelham, AL 35124
      View Details
    • New
      $1,595,000
      17.00 Acres

      Cleared Land on Pelham Parkway

      Six acres of ready-to-go land on Pelham Parkway.
      2499 Pelham Pkwy, Pelham, AL 35124
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    • $175,000
      5.20 Acres

      Pelham Commercial Land For Sale

      5.2 acres of commercial land in Pelham, Alabama.
      Co Rd 33, Pelham, AL 35124
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    Similar Nearby for Lease

    • Contact for pricing

      Pelham Parkway Land Sublease Opportunity

      0.62 acres of commercial land available for sublease.
      3340 Pelham 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
      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
      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
    • $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
    • $11 SF/Yr

      Versatile Commercial Space in Pelham

      Modern property in Pelham, AL, suitable for various businesses.
      246 Cahaba Valley 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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