641 Stuart LnPelham, AL 35124

Property Details for 641 Stuart Ln

Year built

1980

Lot size

0.29 AC

Property size (Sq ft)

240 SF

Property type

Retail properties

Property subtype

Other retail properties

APN

136143001001002

APU

136143001001002

Description

This exceptional 151,000-square-foot warehouse, located at 641 Stuart Lane in Pelham, Alabama, presents a significant leasing opportunity. The property is classified as Industrial, with a specific subtype of Warehouse, and features single-tenant occupancy. Currently, 15,000 square feet are available for lease within the substantial 151,000-square-foot building. The property is situated in Shelby County, Alabama, with a convenient Pelham address and zip code 35124. Its zoning designation is M-1, making it suitable for a variety of industrial uses. The building's size and single-tenant configuration offer significant advantages for businesses seeking ample space and operational control. The location in Pelham provides access to key transportation routes and infrastructure, enhancing logistical efficiency. This property is ideal for companies requiring a large, well-located warehouse space in a thriving industrial area. Interested parties are encouraged to inquire about lease terms and availability. The property's substantial size and strategic location make it a compelling option for businesses seeking to expand or relocate their operations. The available 15,000 square feet offers flexibility for various operational needs.

• CAP approach

  CAP return

  Valuation

  6%

  $74,619

  6.5%

  $68,879

  7%

  $63,959

• Comparable approach

  Method

  Valuation

  Relative Method

  $98,516

  Geo Method

  $117,972

• Alternative Use

  Use

  Valuation

  Residential

  $58,102

  Hospitality

  $53,221

  Educational

  $44,279

  Medical

  $45,802

  Retail

  $68,879

Location Insight

City

Pelham

County

Shelby

State

Alabama

Latitude

33.2937

Longitude

-86.8226

CBSA code

13820

CBSA name

BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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