613 Cahaba Valley RdPelham, AL 35124

  • Retail properties
  • 2,582 SF
For Lease
$46/SF/YR View listing

Property Details for 613 Cahaba Valley Rd

Year built
2009
Lot size
0.90 AC
Property size (Sq ft)
2,582 SF
Property type
Retail properties
Property subtype
Drive through restaurants
APN
109314001003004
APU
109314001003004

Description

This exceptional 2,582 square foot restaurant space is available for lease in Pelham, Alabama. Located on 0.94 acres (40,946 sq ft) at 613 Cahaba Valley Rd, this single-tenant property boasts 50 parking spaces and benefits from a B-2 General Business zoning designation. The property is served by Alabama Power and enjoys a highly desirable location near Oak Mountain Amphitheater, Pelham Civic Center, and several hotels including Hampton, Quality, and Marriott Fairfield Inns. Its proximity to Oak Mountain State Park and Pelham's thriving community, recently recognized by Money Magazine and Niche.com as a best place to live, ensures high visibility and significant foot traffic. Annual property taxes are $5.73 per square foot. This location offers unparalleled access to a large and diverse customer base, making it an ideal opportunity for a quick-service restaurant seeking a prime location in a rapidly growing market. The property is completely vacant and ready for immediate occupancy. Cross street is Cahaba Valley Parkway. The zip code is 35124.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $802,773
    6.5%
    $741,022
    7%
    $688,091
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,059,866
    Geo Method
    $1,269,185
  • Alternative Use

    Use
    Valuation
    Residential
    $625,079
    Hospitality
    $572,569
    Educational
    $476,371
    Medical
    $492,754
    Retail
    $741,022
613 Cahaba Valley Rd, Pelham, Alabama

Location Insight

City
Pelham
County
Shelby
State
Alabama
Latitude
33.3358
Longitude
-86.7833
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
$13,499
-
-
$232,740
-
$652,350
$511,320
$1,163,670

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