Hwy 280

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Hwy 280

Chelsea, AL 35043
Asking Price
$305K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land parcel available for sale in Chelsea, Alabama.
  • The site encompasses 1.09 acres of developable space.
  • Located directly on the Hwy 280 commercial corridor.
  • Priced at $305,000 for immediate acquisition.
  • Situated within a growing Birmingham suburban market area.

What's Special

Priced at $305,000, this 1.09-acre commercial land parcel on Hwy 280 in Chelsea, Alabama, presents a strategic development prospect. Chelsea serves as an expanding suburban market within the Birmingham metropolitan area, characterized by steady residential growth and regional connectivity along the primary Hwy 280 corridor. This major thoroughfare functions as a vital artery for commuters and commerce alike, supporting a diverse range of business activity throughout the county. The property provides a functional footprint suitable for various commercial use cases, including professional office space, specialized retail, or service-oriented businesses. Given the continued demographic expansion of the local population, this site offers potential for investors and owner-occupiers seeking to establish a foothold in a developing corridor. Prospective buyers can leverage the accessibility of this location to serve the surrounding community while benefiting from the regional visibility afforded by the proximity to this high-traffic arterial route.

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NOI
$80,000
Cap Rate
26.23%
DSCR
4.42
Strong
Cash-on-Cash
67.64%
Monthly Payment
$1,508.974
Annual Cash Flow
$61,892.317

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