109 Foothills PkwyChelsea, AL 35043

  • Retail properties
  • 12,000 SF
For Lease
$16.44/SF/YR View listing

Property Details for 109 Foothills Pkwy

Year built
2007
Lot size
1.52 AC
Property size (Sq ft)
12,000 SF
Property type
Retail properties
Property subtype
Strip malls
APN
98270001004000
APU
98270001004000

Description

This exceptional Class A medical office space, located at 109 Foothills Parkway in Chelsea, Alabama (zip code 35043), offers a prime opportunity for medical practices or office users. The property, known as Chelsea Towne Station, is situated near the intersection of Foothills Parkway and Old Highway 280, providing convenient access to major thoroughfares. The building boasts a total of 11,200 square feet, with multiple tenancy options available. Currently, 4,800 square feet of vacant space is immediately available, divisible into units as small as 4,800 square feet, with a maximum contiguous space of 4,800 square feet. This presents a flexible solution for businesses of varying sizes. The building's convenient location offers proximity to essential amenities, including Publix, Winn-Dixie, and a Super Walmart, enhancing the convenience for both tenants and their clients. The property is located in Shelby County and benefits from its strong infrastructure and growing community. This is an excellent opportunity to establish a presence in a thriving area with high visibility and accessibility. The building's Class A designation reflects its high-quality construction and modern features, ensuring a professional and comfortable work environment. Inquire today to learn more about leasing options and secure your space in this desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,730,937
    6.5%
    $3,443,942
    7%
    $3,197,946
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,925,793
    Geo Method
    $5,898,614
  • Alternative Use

    Use
    Valuation
    Residential
    $2,905,094
    Hospitality
    $2,661,050
    Educational
    $2,213,962
    Medical
    $2,290,104
    Retail
    $3,443,942
109 Foothills Pkwy, Chelsea, Alabama

Location Insight

City
Chelsea
County
Shelby
State
Alabama
Latitude
33.3495
Longitude
-86.6343
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
$11,446
-
-
$260,140
-
$417,130
$883,490
$1,300,620

FAQs

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