613 Cahaba Valley RdPelham, AL 35124
- Retail properties
- 2,582 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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