Pelham, AL
Commercial Real Estate Market Trends & Data

$853 Avg asking sale price
$547 Avg asking lease rate
9,350 SF Avg unit lease size
9,517 SF Avg building size for sale
6.33% Average cap rate

Pelham's Demographic Profile

Pelham has 10,464 households and a median income of $80,808, providing context for rent absorption and tenant demand across retail and multifamily assets. A +9% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 27,178
# Households 10,464
Median age 41
Median household income $80,808
Avg household size 3.0
Renter-occupied housing units 2,252
5-year population change +9%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Pelham, AL

↻ Updated Monthly

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Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Hoover $186 120,848 SF 5.65%
Vestavia $194 18,597 SF 5.65%
Nearby Retail Markets Avg Cost/SF Typical Size
Pelham $3,203 1,603 SF
Hoover $374 11,495 SF
Chelsea $331 1,800 SF
Meadowbrook $319 6,183 SF
Alabaster $1,691 2,412 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Homewood $271 25,285 SF 10.67%
Birmingham $129 49,694 SF 10.67%

Commercial Properties For Sale in Pelham

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

7,785 SF Commercial Property - Pelham, AL

Pelham, AL 35124

  • 7,785 SF Office Building
  • $895,000
For Sale

3412 Pelham Pky

Pelham, AL 35124

  • 12,000 SF Retail Building
  • $1,100,000
For Sale

POPEYES – PELHAM, AL

Pelham, AL 35124

  • 2,256 SF Retail Building
  • 6.00% Cap Rate
  • $1,917,000
For Sale

87 Metrock Cir, Helena, AL 35080

Helena, AL 35080

  • 0.91 AC Lot
  • 1 Industrial Lot
  • $259,000
For Sale

200 Narrows Pky

Birmingham, AL 35242

  • 7,350 SF Office Building
  • $1,250,000
For Sale

W Hwy 52

Pelham, AL 35124

  • 2.48 AC Lot
  • 1 Commercial Lot
  • $425,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Pelham pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Pelham $853 9,517 SF
Hoover $279 45,610 SF
Chelsea $299 5,383 SF
Meadowbrook $656 4,255 SF
Alabaster $965 14,024 SF

Regional Demographic Comparison

This comparison places Pelham alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Pelham or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Pelham 27,178 10,464 41 $80,808 3 2,252 9%
Hoover 83,524 33,517 40 $96,594 2 10,945 -1%
Chelsea 13,883 4,898 40 $100,162 3 478 10%
Meadowbrook 8,913 3,235 43 $136,060 3 472 6%
Alabaster 32,847 11,589 40 $84,701 3 1,956 7%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Pelham, AL and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Pelham

View All Commercial Real Estate For Sale in Pelham
Is Pelham a good market for a first-time commercial real estate investor?

Pelham offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Pelham?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Pelham. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Pelham?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Pelham. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Pelham compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Pelham. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Pelham acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Pelham, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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