Investment Overview

Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace Marcus & Millichap, in conjunction with RI Marketplace, is pleased to present a ±0.67-acre land parcel located at 116 Chesser Plantation Lane (the “Property”) in Chelsea, Alabama. This Property offers an exceptional investment opportunity via development and FIRST BID MEETS RESERVE! The Property consists of an 0.67-acre parcel adjacent to Advance Auto Parts and shadow anchored by Walgreens. The Parcel is just off US Highway 280 with traffic counts of 33,959 vehicles per day. The Property benefits from proximity to a strong commercial corridor with nearby national retailers including Advance Auto Parts, Walgreens, Walmart, Publix, Burger King, Regions Bank, Subway, Bojangles, McDonald’s, and many more. The Property benefits from highly favorable B-2, General Business zoning that allows for a wide variety of uses including retail, restaurant, office, car wash, and many more. Located just 20 miles southeast of Birmingham along the highly trafficked US-280 corridor, Chelsea is one of Alabama’s fastest-growing suburban cities. The Property is located in an affluent area with an AHHI of $107,922 within a 3-mile radius and a population of 34,158 residents and an average household income of $128,653 within a 5-mile radius. The population has experienced 7.61% growth from 2020-2024 with 9.21% growth expected to continue through 2029.