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    Property profile & analytics

    Pelham, AL 35124

    • Investment properties
    • 83,754 SF
    • 16.00 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 23, 2023
    Location Intelligence
    Property ID
    US03-1999572
    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

    Year built
    1960
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    16.00 lot acres
    Property size
    83,754 SF
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    143062001010005
    APU
    143062001010005

    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
    -86.7718017
    Latitude
    33.2956275
    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
    $31,972
    $0.00
    $0.00
    $551,240
    -
    $1,739,610
    $1,016,510
    $2,756,120

    Comparable in this City

    • Value Estimation by Request
      1,086 SF

      3557 Pelham Pkwy

      STORE/OFFICE (MIXED USE) • 1,086 SF
      3557 Pelham Pkwy, Pelham, AL 35124-2011
      View Details
    • Value Estimation by Request
      11,511 SF

      Pelham, AL 35124

      STORE/OFFICE (MIXED USE) • 11,511 SF
      Pelham, AL 35124
      View Details
    • Value Estimation by Request
      24,688 SF

      2591 Pelham Pkwy

      STORE/OFFICE (MIXED USE) • 24,688 SF
      2591 Pelham Pkwy, Pelham, AL 35124-1320
      View Details
    • Value Estimation by Request
      10,000 SF

      Pelham, AL 35124

      STORE/OFFICE (MIXED USE) • 10,000 SF
      Pelham, AL 35124
      View Details
    • Value Estimation by Request
      10,230 SF

      206 Oak Mtn Cir

      STORE/OFFICE (MIXED USE) • 10,230 SF
      206 Oak Mtn Cir, Pelham, AL 35124-1357
      View Details
    • Value Estimation by Request
      11,250 SF

      2180 Pelham Pkwy

      STORE/OFFICE (MIXED USE) • 11,250 SF
      2180 Pelham Pkwy, Pelham, AL 35124-1118
      View Details

    Similar Nearby for Sale

    • $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
    • $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
    • $175,000
      7.87 Acres

      Pelham, AL Residential Land - $175K

      7.87-acre residential lot, prime location.
      0 Mid Ridge Ln, Pelham, AL 35124
      View Details
    • $49,000
      1.37 Acres

      Residential Land in Pelham, AL

      1.373 acre residential land for sale in Pelham, Alabama.
      3470 Mitoba Trl, Pelham, AL 35124
      View Details
    • $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

    Similar Nearby for Lease

    • $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
    • 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
    • $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

      Pelham Parkway Land Sublease Opportunity

      0.62 acres of commercial land available for sublease.
      3340 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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